Abbreviated Company Accounts - CRAWLEY & GATWICK BUSINESS WATCH LIMITED

CRAWLEY & GATWICK BUSINESS WATCH LIMITED - Company Information

Registered Number 06012996

CRAWLEY & GATWICK BUSINESS WATCH LIMITED

Abbreviated Accounts

31 December 2014

CRAWLEY & GATWICK BUSINESS WATCH LIMITED Registered Number 06012996

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	3	1,015	1,353
		1,015	1,353
Current assets
Debtors		607	9,938
Cash at bank and in hand		37,016	10,627
		37,623	20,565
Creditors: amounts falling due within one year		(321)	(158)
Net current assets (liabilities)		37,302	20,407
Total assets less current liabilities		38,317	21,760
Total net assets (liabilities)		38,317	21,760
Reserves
Income and expenditure account		38,317	21,760
Members' funds		38,317	21,760

For the year ending 31 December 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 28 September 2015

And signed on their behalf by:
Mr. P. Ross, Director

CRAWLEY & GATWICK BUSINESS WATCH LIMITED Registered Number 06012996

Notes to the Abbreviated Accounts for the period ended 31 December 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 are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-

Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment

Other accounting policies
Compliance with accounting standards - The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) which have been applied consistently (except as otherwise stated).

Guarantee Capital - Under the terms of the company's Memorandum of Association, its members have undertaken to contribute a maximum of £1 against any deficiency on a winding up.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 January 2014	5,126
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	5,126
Depreciation
At 1 January 2014	3,773
Charge for the year	338
On disposals	-
At 31 December 2014	4,111
Net book values
At 31 December 2014	1,015
At 31 December 2013	1,353