COMPACT_CAMPER_CONVERSION - Accounts

COMPACT CAMPER CONVERSIONS LIMITED - Company Information

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Company Registration No. 03866351 (England and Wales)

COMPACT CAMPER CONVERSIONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

COMPACT CAMPER CONVERSIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

COMPACT CAMPER CONVERSIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

16,164

11,432

Current assets

Stocks

500

Debtors

311

2,073

Cash at bank and in hand

21,350

34,285

21,661

36,858

Creditors: amounts falling due within one year

(35,334)

(47,486)

Net current liabilities

(13,673)

(10,628)

Total assets less current liabilities

2,491

804

Capital and reserves

Called up share capital

Profit and loss account

2,489

802

Shareholders' funds

2,491

804

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 15 December 2014

Mr P Simpson

Director

Company Registration No. 03866351

COMPACT CAMPER CONVERSIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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% on cost

Motor vehicles

25% on cost

1.5

Stock

Work in progress is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

COMPACT CAMPER CONVERSIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2013

18,868

Additions

21,390

Disposals

(18,374)

At 31 March 2014

21,884

Depreciation

At 1 April 2013

7,436

On disposals

(7,188)

Charge for the year

5,472

At 31 March 2014

5,720

Net book value

At 31 March 2014

16,164

At 31 March 2013

11,432

Share capital

2014

2013

Allotted, called up and fully paid

1 Ordinary of £2 each