12th Man Services And Solutions Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08170840 (England and Wales)

Abbreviated Accounts

for the Period 1 September 2013 to 31 December 2014

for

12th Man Services And Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S M Beacham

Mrs A L Beacham

REGISTERED OFFICE:

70 Rutland Road

Stamford

United Kingdom

Lincolnshire

PE9 1UW

REGISTERED NUMBER:

08170840 (England and Wales)

ACCOUNTANTS:

Harvey Spriggs

Chartered Accountants

Dovecote House

11 Malvern Close

Kettering

Northamptonshire

NN16 9JP

FIXED ASSETS

Intangible assets

2

16,000

-

Tangible assets

3

399

-

Investments

4

1

-

16,400

-

CURRENT ASSETS

Debtors

4,248

-

Cash at bank and in hand

30,123

1,000

34,371

1,000

CREDITORS

Amounts falling due within one year

49,430

-

NET CURRENT (LIABILITIES)/ASSETS

(15,059

)

1,000

TOTAL ASSETS LESS CURRENT LIABILITIES

1,341

1,000

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

341

-

SHAREHOLDERS' FUNDS

1,341

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 March 2015 and were signed on its behalf by:

S M Beacham - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

The company acquired the goodwill and publishing rights of Term Times magazine in January 2014 for £20.000.

The directors consider the purchased goodwill has a useful life of 5 years and proposes to amortise the cost over

that period.

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

499

At 31 December 2014

499

DEPRECIATION

Charge for period

100

At 31 December 2014

100

NET BOOK VALUE

At 31 December 2014

399

4.	FIXED ASSET INVESTMENTS

The company owns the entire share capital of Term Times Limited comprising 1 £1.00 ordinary share. Term

Times Limited remains a dormant company.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.8.13

value:

£

£

1,000

A Ordinary Shares

£1.00

1,000

1,000