Custom Cruisers Limited - Abbreviated accounts 16.1
Custom Cruisers Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended |
| 30 September 2015 |
| for |
| Custom Cruisers Limited |
| Custom Cruisers Limited (Registered number: 03510929) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 September 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| Chartered Accountants' Report | 6 |
| Custom Cruisers Limited |
| Company Information |
| for the Year Ended 30 September 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| Custom Cruisers Limited (Registered number: 03510929) |
| Abbreviated Balance Sheet |
| 30 September 2015 |
| 30.9.15 | 30.9.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| 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. |
| Custom Cruisers Limited (Registered number: 03510929) |
| Abbreviated Balance Sheet - continued |
| 30 September 2015 |
| The financial statements were approved by the director on |
| Custom Cruisers Limited (Registered number: 03510929) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 September 2015 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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 |
| 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. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2014 |
| and 30 September 2015 |
| AMORTISATION |
| At 1 October 2014 |
| Amortisation for year |
| At 30 September 2015 |
| NET BOOK VALUE |
| At 30 September 2015 |
| At 30 September 2014 |
| Custom Cruisers Limited (Registered number: 03510929) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 September 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2014 |
| Disposals | ( |
) |
| At 30 September 2015 |
| DEPRECIATION |
| At 1 October 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 September 2015 |
| NET BOOK VALUE |
| At 30 September 2015 |
| At 30 September 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.9.15 | 30.9.14 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| 5. | CONTROLLING INTEREST |
| The company is controlled by Mr M.Chadwick by virtue of his 100% shareholding of the company's issued |
| share capital. |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Custom Cruisers Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Custom Cruisers Limited for the year ended 30 September 2015 which comprise the Profit and |
| Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of Custom Cruisers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Custom Cruisers Limited and state those matters that we have agreed to state to the director of Custom Cruisers Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Custom Cruisers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Custom Cruisers Limited. You consider that Custom Cruisers Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Custom Cruisers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| Date: ............................................. |