Abbreviated Company Accounts - CROSSHATCH LIMITED

CROSSHATCH LIMITED - Company Information

07796194 CROSSHATCH LIMITED 2014-03-31 false 2012-11-01 2014-03-31 true 07796194 2012-11-01 2014-03-31 07796194 2014-03-31 07796194 2012-10-31 07796194 uk-gaap-cd-bus:Director1 2012-11-01 2014-03-31 07796194 uk-gaap-cd-bus:Director2 2012-11-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 07796194

CROSSHATCH LIMITED

Abbreviated Accounts

31 March 2014

CROSSHATCH LIMITED Registered Number 07796194

Abbreviated Balance Sheet as at 31 March 2014

	Notes	31/03/2014	31/10/2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments	2	734,318	-
		734,318	-
Current assets
Stocks		-	-
Debtors		-	-
Investments		-	-
Cash at bank and in hand		5,632	1
		5,632	1
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year	3	(60,000)	0
Net current assets (liabilities)		(54,368)	1
Total assets less current liabilities		679,950	1
Creditors: amounts falling due after more than one year	3	(605,000)	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		74,950	1
Capital and reserves
Called up share capital	4	100	1
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		74,850	0
Shareholders' funds		74,950	1

For the year ending 31 March 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 12 December 2014

And signed on their behalf by:
D L WILSON, Director

CROSSHATCH LIMITED Registered Number 07796194

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Other accounting policies
Exemption from preparing group accounts
The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern
The financial statements have been prepared on a going concern basis.

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

2Fixed assets Investments
Subsidiary undertaking
The company owns 100% of the ordinary £1 share capital of Ocean Yacht Systems limited, a company registered in England and Wales. The principal activity of Ocean Yacht Systems Limited is the supply of engineering services and products to the marine industry. The profit for the financial year to 31 March 2014 of Ocean Yacht Systems Limited was £147,525 and the aggregate amount of capital and reserves at the end of that year was £667,130.

3Creditors

	31/03/2014 £	31/10/2012 £
Secured Debts	665,000	0
Instalment debts due after 5 years	365,000	0

4Called Up Share Capital
Allotted, called up and fully paid:

	31/03/2014 £	31/10/2012 £
100 Ordinary shares of £1 each (1 share for 31/10/2012)	100	1

New shares allotted
During the year 99 ordinary shares of £1 each having an aggregate nominal value of £99 were allotted for an aggregate consideration of £99.