Abbreviated Company Accounts - CROWN CHICKEN & PIZZA LTD

Abbreviated Company Accounts - CROWN CHICKEN & PIZZA LTD


Registered Number 09116184

CROWN CHICKEN & PIZZA LTD

Abbreviated Accounts

31 July 2015

CROWN CHICKEN & PIZZA LTD Registered Number 09116184

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015
£
Fixed assets
Tangible assets 2 22,500
22,500
Current assets
Stocks 2,896
Cash at bank and in hand 2,777
5,673
Creditors: amounts falling due within one year (22,463)
Net current assets (liabilities) (16,790)
Total assets less current liabilities 5,710
Total net assets (liabilities) 5,710
Capital and reserves
Called up share capital 3 1
Profit and loss account 5,709
Shareholders' funds 5,710
  • For the year ending 31 July 2015 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 16 February 2016

And signed on their behalf by:
MR NISAR AHMED, Director

CROWN CHICKEN & PIZZA LTD Registered Number 09116184

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings Reducing balance method 10%

2Tangible fixed assets
£
Cost
Additions 25,000
Disposals -
Revaluations -
Transfers -
At 31 July 2015 25,000
Depreciation
Charge for the year 2,500
On disposals -
At 31 July 2015 2,500
Net book values
At 31 July 2015 22,500
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
1 Ordinary shares of £1 each 1