Abbreviated Company Accounts - CRIPPS NEW INN LIMITED

CRIPPS NEW INN LIMITED - Company Information

Registered Number 08602797

CRIPPS NEW INN LIMITED

Abbreviated Accounts

31 March 2014

CRIPPS NEW INN LIMITED Registered Number 08602797

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	111,113
		111,113
Current assets
Stocks		13,646
Debtors		30,490
Cash at bank and in hand		20,479
		64,615
Creditors: amounts falling due within one year		(283,354)
Net current assets (liabilities)		(218,739)
Total assets less current liabilities		(107,626)
Total net assets (liabilities)		(107,626)
Capital and reserves
Called up share capital		1,000
Profit and loss account		(108,626)
Shareholders' funds		(107,626)

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 17 December 2014

And signed on their behalf by:
Mr MQ Henriques, Director

CRIPPS NEW INN LIMITED Registered Number 08602797

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates:
Plant and machinery 15% reducing balance
Specialist hotel booking system 33% straight line
Kitchen equipment 25% reducing balance
Office equipment 15% reducing balance
Fixtures & fittings 15% reducing balance

Other accounting policies
Going concern basis
The accounts have been prepared on the going concern basis as the parent company, Cripps Barn Group Limited, has underwritten the company's debts.

2Tangible fixed assets

	£
Cost
Additions	119,159
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	119,159
Depreciation
Charge for the year	8,046
On disposals	-
At 31 March 2014	8,046
Net book values
At 31 March 2014	111,113

Tangible fixed assets include improvements to Leasehold property of £13,504.
The leasehold property, the New Inn at Coln, was subsequently acquired by the parent company, Cripps Barn Group Limited, in September 2014.