Abbreviated Company Accounts - CALROS LIMITED

Registered Number 02098004

CALROS LIMITED

Abbreviated Accounts

31 March 2014

CALROS LIMITED Registered Number 02098004

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	265,237	211,589
		265,237	211,589
Current assets
Debtors		84,641	27,297
		84,641	27,297
Creditors: amounts falling due within one year		(248,190)	(126,308)
Net current assets (liabilities)		(163,549)	(99,011)
Total assets less current liabilities		101,688	112,578
Creditors: amounts falling due after more than one year		(95,502)	(100,019)
Provisions for liabilities		(1,027)	(249)
Total net assets (liabilities)		5,159	12,310
Capital and reserves
Called up share capital		2	2
Profit and loss account		5,157	12,308
Shareholders' funds		5,159	12,310

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2014

And signed on their behalf by:
A Creaser, Director

CALROS LIMITED Registered Number 02098004

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset overs its expected useful life, as follows

Land and buildings freehold Not depreciated
Plant and machinery 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	237,186
Additions	55,108
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	292,294
Depreciation
At 1 April 2013	25,597
Charge for the year	1,460
On disposals	-
At 31 March 2014	27,057
Net book values
At 31 March 2014	265,237
At 31 March 2013	211,589