Culzean Consulting Ltd - Abbreviated accounts

Culzean Consulting Ltd - Abbreviated accounts


Registered number
SC405735
Culzean Consulting Ltd
Abbreviated Accounts
31 August 2014
Culzean Consulting Ltd
Registered number: SC405735
Abbreviated Balance Sheet
as at 31 August 2014
Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 670 -
Current assets
Debtors 1,000 -
Cash at bank and in hand 10 10
1,010 10
Creditors: amounts falling due within one year (873) -
Net current assets 137 10
Net assets 807 10
Capital and reserves
Called up share capital 3 10 10
Profit and loss account 797 -
Shareholders' funds 807 10
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr G Kennedy
Director
Approved by the board on 17 February 2015
Culzean Consulting Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2014
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Tangible fixed assets £
Cost
Additions 894
At 31 August 2014 894
Depreciation
Charge for the year 224
At 31 August 2014 224
Net book value
At 31 August 2014 670
3 Share capital Nominal 2014 2014 2013
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each - 10 10
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