CODE_IT_RECRUITMENT_LTD - Accounts

CODE IT RECRUITMENT LIMITED - Company Information

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Company Registration No. 04029408 (England and Wales)

CODE IT RECRUITMENT LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

CODE IT RECRUITMENT LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CODE IT RECRUITMENT LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

2,530

3,373

Current assets

Debtors

600,308

808,089

Cash at bank and in hand

189,004

1,806

789,312

809,895

Creditors: amounts falling due within one year

(720,377)

(782,580)

Net current assets

68,935

27,315

Total assets less current liabilities

71,465

30,688

Capital and reserves

Called up share capital

Profit and loss account

71,460

30,683

Shareholders' funds

71,465

30,688

For the financial year ended 31 March 2015 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 for issue on 17 August 2015

Mr P Fairweather

Director

Company Registration No. 04029408

CODE IT RECRUITMENT LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

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:

Fixtures, fittings & equipment

25% reducing balance basis

Fixed assets

Tangible assets

Cost

At 1 April 2014 & at 31 March 2015

30,058

Depreciation

At 1 April 2014

26,685

Charge for the period

843

At 31 March 2015

27,528

Net book value

At 31 March 2015

2,530

At 31 March 2014

3,373

Share capital

2015

2014

Allotted, called up and fully paid

2 Class A ordinary shares of £1 each

1 Class B ordinary shares of £1 each

1 Class C ordinary shares of £1 each

1 Class D ordinary shares of £1 each