Crombies Accountants Limited - Limited company - abbreviated - 11.6
Crombies Accountants Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| CROMBIES ACCOUNTANTS LIMITED |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| 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 | 4 |
| CROMBIES ACCOUNTANTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2014 |
| The financial statements were approved by the Board of Directors on by: |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| 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 |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| Employer-financed retirement benefit scheme |
| The company has established trusts for the benefit of employees and persons connected with them. Monies held |
| in these trusts are held by independent trustees and managed at their discretion. The trustees are empowered to |
| provide both retirement and other employee benefits. |
| Where the company retains future economic benefit from, and has de facto control of the assets and liabilities of |
| the trust, they are accounted for as assets and liabilities of the company until the earlier of the date that an |
| allocation of trust funds to employees in respect of past services is declared and the date that assets of the trust |
| vest in identified individuals. |
| Where monies held in a trust are determined by the company on the basis of employees’ past services to the |
| business and the company can obtain no future economic benefit from those monies, such monies, whether in the |
| trust or accrued for by the company are charged to the profit and loss account in the period to which they relate. |
| Where monies held in a trust are determined by the company on the basis of employees’ past services to the |
| business and are payable after completion of the employment, such monies are charged to the profit and loss |
| account in the period during which services are rendered by employees. |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| AMORTISATION |
| At 1 April 2013 |
| Amortisation for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 2014 | 2013 |
| £ | £ |
| EFRBS Asset | 80 | 80 |
| CROMBIES ACCOUNTANTS LIMITED (REGISTERED NUMBER: 06178596) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| A Ordinary | £1 |
| S Ordinary | £100 |
| 200 | 200 |