C r l Services Limited - Limited company accounts 11.4

REGISTERED NUMBER: 04059828 (England and Wales)

C R L SERVICES LIMITED

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2014

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

C R Lalies

SECRETARY:

C R Lalies

REGISTERED OFFICE:

17A Pugsley Street

Newport

South Wales

NP20 5JU

REGISTERED NUMBER:

04059828 (England and Wales)

ACCOUNTANTS:

Small Office Solutions

Greenways,

26 Forge Lane,

Bassaleg,

Newport

South Wales

NP10 8NG

The director presents his report with the financial statements of the company for the year ended 31 March 2014.

DIRECTOR

C R Lalies held office during the whole of the period from 1 April 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

C R Lalies - Director

22 December 2014

TURNOVER

101,830

38,284

Cost of sales

54,723

15,021

GROSS PROFIT

47,107

23,263

Administrative expenses

38,103

21,082

OPERATING PROFIT

2

9,004

2,181

Interest payable and similar charges

93

28

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

8,911

2,153

Tax on profit on ordinary activities

3

-

-

PROFIT FOR THE FINANCIAL YEAR

8,911

2,153

FIXED ASSETS

Tangible assets

5

17,500

17,675

CURRENT ASSETS

Debtors

6

2,438

1,288

Cash at bank

5,004

-

7,442

1,288

CREDITORS

Amounts falling due within one year

7

11,356

6,288

NET CURRENT LIABILITIES

(3,914

)

(5,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,586

12,675

CAPITAL AND RESERVES

Called up share capital

8

100

100

Profit and loss account

9

13,486

12,575

SHAREHOLDERS' FUNDS

13,586

12,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 22 December 2014 and were signed by:

C R Lalies - Director

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.14

31.3.13

£

£

Depreciation - owned assets

175

213

Director's remuneration and other benefits etc

8,000

7,500

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2014 nor for the year

ended 31 March 2013.

4.

DIVIDENDS

31.3.14

31.3.13

£

£

Final

8,000

8,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2013

and 31 March 2014

16,712

3,087

19,799

DEPRECIATION

At 1 April 2013

-

2,124

2,124

Charge for year

-

175

175

At 31 March 2014

-

2,299

2,299

NET BOOK VALUE

At 31 March 2014

16,712

788

17,500

At 31 March 2013

16,712

963

17,675

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

£

Trade debtors

1,349

884

Other debtors

1,089

404

2,438

1,288

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.14

31.3.13

£

£

Bank loans and overdrafts

-

2,526

Trade creditors

3,240

3,646

Other creditors

8,116

116

11,356

6,288

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

ordinary

£100

100

100

9.

RESERVES

Profit

and loss

account

£

At 1 April 2013

12,575

Profit for the year

8,911

Dividends

(8,000

)

At 31 March 2014

13,486