Crispie Limited - Limited company - abbreviated - 11.6
Crispie Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
CRISPIE LIMITED |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
CRISPIE LIMITED (REGISTERED NUMBER: SC159961) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 5 |
CRISPIE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2014 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
CRISPIE LIMITED (REGISTERED NUMBER: SC159961) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the director on |
CRISPIE LIMITED (REGISTERED NUMBER: SC159961) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Rental income relates to the accounting period (net of agent's commission where applicable) and will embrace |
deposits received in a preceeding period. Deposits received for succeeding periods are carried forward. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off an asset, less estimated residual value, |
over the useful economic life of that asset; |
Boat & Garden Equip - 20% reducing balance |
Motor Vehicles - 25% straight line |
Fixtures & Fittings - 20% reducing balance |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. Deferred tax is measured at the average rates that would apply when the timing differences are |
expected to reverse. |
Operating lease agreement |
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with |
the lessor are charged against profits on a straight line basis over the period of the lease. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2013 |
Additions |
At 31 March 2014 |
DEPRECIATION |
At 1 April 2013 |
Charge for year |
At 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
4. | RELATED PARTY DISCLOSURES |
CRISPIE LIMITED (REGISTERED NUMBER: SC159961) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MARCH 2014 |
4. | RELATED PARTY DISCLOSURES - continued |
Crispie Lodge Limited |
A company of which R G T Stenhouse is a director. |
During the year the company made payments of £4,660 (2013: £5,270) in respect of expenses paid on behalf of |
Crispie Lodge Limited. |
2014 | 2013 |
£ | £ |
Amount due from related party at the balance sheet date |
R G T Stenhouse Crispie Trust |
A Trust of which R G T Stenhouse is a trustee. |
During the year covered by these financial statements the company paid to the aforementioned Trust the sum of |
£3,000 (2013: £3,000) in respect of rent on the property and policies operated by the company as its principal |
activity. |
Director |
During the year the director made net advances to the company of £132 (2013: £153). |
2014 | 2013 |
£ | £ |
Amount due to related party at the balance sheet date |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
CRISPIE LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Crispie Limited for the year ended 31 March 2014 which comprise the Profit and Loss Account, |
the Balance Sheet, and the related notes from the company's accounting records and from information and explanations |
you have given us. |
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other |
professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
This report is made solely to the director of Crispie Limited in accordance with our terms of engagement. Our work has |
been undertaken solely to prepare for your approval the financial statements of Crispie Limited and state those matters |
that we have agreed to state to the director of Crispie Limited in this report in accordance with the requirements of the |
Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the |
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its |
director for our work or for this report. |
It is your duty to ensure that Crispie Limited has kept adequate accounting records and to prepare statutory financial |
statements that give a true and fair view of the assets, liabilities, financial position and loss of Crispie Limited. You |
consider that Crispie Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Crispie Limited. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you |
have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
12 October 2014 |