REGISTERED NUMBER:
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
FOR |
|
CROWN CONSTRUCTION (CONTRACTING) LTD |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
ABBREVIATED UNAUDITED ACCOUNTS |
|
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
FOR |
|
CROWN CONSTRUCTION (CONTRACTING) LTD |
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 | to | 3 |
|
Notes to the Abbreviated Accounts | 4 | to | 6 |
CROWN CONSTRUCTION (CONTRACTING) LTD |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
SECRETARY: |
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
|
|
BANKERS: |
|
|
|
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
ABBREVIATED BALANCE SHEET |
30 NOVEMBER 2014 |
|
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and 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 | 4 |
|
|
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. |
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
ABBREVIATED BALANCE SHEET - continued |
30 NOVEMBER 2014 |
|
|
|
|
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 NOVEMBER 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 | - |
|
Motor vehicles | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
|
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 |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
held under finance leases are depreciated over their estimated useful lives or the lease term, |
whichever is the shorter. |
|
The interest element of these obligations is charged to the profit and loss account over the relevant |
period. The capital element of the future payments is treated as a liability. |
|
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. |
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
|
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
and 30 November 2014 |
|
AMORTISATION |
At 1 December 2013 |
and 30 November 2014 |
|
NET BOOK VALUE |
|
At 30 November 2014 |
|
At 30 November 2013 |
|
|
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2013 |
|
Additions |
|
Disposals | ( |
) |
At 30 November 2014 |
|
DEPRECIATION |
At 1 December 2013 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 30 November 2014 |
|
NET BOOK VALUE |
At 30 November 2014 |
|
At 30 November 2013 |
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
5. | RELATED PARTY DISCLOSURES |
|
|
CROWN CONSTRUCTION (CONTRACTING) LTD (REGISTERED NUMBER: 03454814) |
|
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2014 |
|
|
5. | RELATED PARTY DISCLOSURES - continued |
|
M L Hitchcock also has control over Crown Construction (Developments) Ltd (CCD) and Crown Home |
Assist Ltd (CHA). During the year the following transactions occurred with these companies: |
|
2014 | 2013 |
CCD Ltd | CHA Ltd | CCD Ltd | CHA Ltd |
£ | £ | £ | £ |
Sold goods/services to during the year | 269,591 | 62,272 | 47,179 | 45,258 |
Balance due at the year end | 180,174 | (20,091 | ) | 5,829 | 12,140 |
|
Purchased goods/services during the year | - | 8,274 | - | 6,603 |
Balance outstanding at the year end | - | 6,154 | - | 228 |
|
Provided loans to during the year | 593,850 | - | 388,850 | - |
Charged management fees to during the
year |
10,000 |
20,000 |
10,000 |
20,000 |
Balance due at the year end | 10,000 | 20,000 | 10,000 | 20,000 |
|
Received loans from during the year | - | 242,999 | - | 242,999 |
|
The company also sold goods/services to Mr G Hitchcock (brother of the controlling party) during the |
year amounting to £nil (2013: £6,234) a balance of £3,937 (2013: £7,754) being due at the year end. |
Purchases were also made from Mr G Hitchcock during the year amounting to £nil (2013: £4,681) with |
a balance outstanding at the year end of £nil (2013: £3,817). |