Crouchmann UK Limited - Period Ending 2016-05-31

Registration number: 05829385

Crouchmann UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2016
 

Crouchmann UK Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Crouchmann UK Limited
(Registration number: 05829385)
Abbreviated Balance Sheet at 31 May 2016

		Note			2016 £			2015 £
Fixed assets
Investments					1,000			1,000
Current assets
Debtors					2,256,432			2,270,454
Cash at bank and in hand					470			7,148
					2,256,902			2,277,602
Creditors: Amounts falling due within one year					(1,500)			(1,590)
Net current assets					2,255,402			2,276,012
Total assets less current liabilities					2,256,402			2,277,012
Creditors: Amounts falling due after more than one year					(2,291,705)			(2,310,032)
Net liabilities					(35,303)			(33,020)
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					(36,303)			(34,020)
Shareholders' deficit					(35,303)			(33,020)

For the year ending 31 May 2016 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 10 February 2017 and signed on its behalf by:

H L Linley
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Crouchmann UK Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis, as the Directors are supporting the company financially.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Crouchmann UK Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 June 2015		1,000			1,000
At 31 May 2016		1,000			1,000
Depreciation
At 31 May 2016		-			-
Net book value
At 31 May 2016		1,000			1,000
At 31 May 2015		1,000			1,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Crouchmann SARL	Morocco	Ordinary shares	100%	The building and running of a hotel

The financial period end of Crouchmann SARL is 31 December 2015. The loss for the financial period of Crouchmann SARL was £20,317 and the aggregate amount of capital and reserves at the end of the period was (£339,160).

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

Page 3