Accounts filed on 30-09-2015


TechniforceSoftware11 October 201410000029452642015-09-30029452642014-10-012015-09-3002945264ns1:Director12014-10-012015-09-3002945264ns1:EntityAccountantsOrAuditors2014-10-012015-09-3002945264ns1:EntityAccountantsOrAuditors2015-09-3002945264ns1:EntityAccountantsOrAuditors2013-10-012014-09-3002945264ns1:EntityBankers2014-10-012015-09-3002945264ns1:EntityLawyersOrLegalAdvisers2014-10-012015-09-3002945264ns1:Director22014-10-012015-09-3002945264ns1:Director32014-10-012015-09-3002945264ns1:Director42014-10-012015-09-3002945264ns1:Director52014-10-012015-09-3002945264ns1:Director62014-10-012015-09-3002945264ns1:Director72014-10-012015-09-3002945264ns1:Director82014-10-012015-09-3002945264ns1:Director92014-10-012015-09-3002945264ns1:RegisteredOffice2014-10-012015-09-3002945264ns1:CompanySecretary2014-10-012015-09-3002945264ns3:FixturesFittingsToolsEquipment2015-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2015-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2014-10-012015-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2015-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2014-10-012015-09-3002945264ns3:NetGoodwill2015-09-3002945264ns3:NetGoodwill2014-10-012015-09-3002945264ns1:OrdinaryShareClass12015-09-3002945264ns1:OrdinaryShareClass22015-09-3002945264ns1:OrdinaryShareClass32015-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2015-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2014-10-012015-09-3002945264ns3:PlantMachinery2014-10-012015-09-3002945264ns3:PlantMachinery2015-09-3002945264ns1:PreferenceShareClass12015-09-3002945264ns1:PreferenceShareClass22015-09-3002945264ns3:LandBuildingsns3:ShortLeaseholdProperties2015-09-3002945264ns3:LandBuildingsns3:ShortLeaseholdProperties2014-10-012015-09-3002945264ns3:Vehicles2015-09-3002945264ns3:Vehicles2014-10-012015-09-3002945264ns3:FixturesFittingsToolsEquipment2014-10-012015-09-3002945264ns1:AllEntityOfficers2014-10-012015-09-30029452642014-09-30029452642015-09-30029452642015-09-3002945264ns3:FixturesFittingsToolsEquipment2014-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2014-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2014-09-3002945264ns3:NetGoodwill2014-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2014-09-3002945264ns3:PlantMachinery2014-09-30029452642013-10-0102945264ns3:LandBuildingsns3:ShortLeaseholdProperties2014-09-3002945264ns3:Vehicles2014-09-30029452642013-10-012014-09-3002945264ns1:AllEntityOfficers2013-10-012014-09-30029452642014-09-3002945264ns1:OrdinaryShareClass22014-09-3002945264ns1:OrdinaryShareClass12014-09-3002945264ns1:OrdinaryShareClass32013-10-0102945264ns1:PreferenceShareClass12014-09-3002945264ns1:PreferenceShareClass22014-09-3002945264ns3:BeforeAnyAdjustmentsForAmortisationImpairmentns3:BeforeAnyAdjustmentsForExceptionalItems2013-10-012014-09-3002945264ns3:BeforeAnyAdjustmentsForAmortisationImpairmentns3:BeforeAnyAdjustmentsForExceptionalItems2014-10-012014-09-3002945264ns3:AfterAnyAdjustmentsForAmortisationImpairmentns3:AfterAnyAdjustmentsForExceptionalItems2014-10-012015-09-3002945264ns3:AfterAnyAdjustmentsForAmortisationImpairmentns3:AfterAnyAdjustmentsForExceptionalItems2013-10-012014-09-3002945264ns3:NetGoodwill2014-10-012015-09-3002945264ns3:NetGoodwill2013-10-012014-09-3002945264ns3:NetGoodwill2015-09-3002945264ns3:NetGoodwill2014-09-3002945264ns3:LeasedTangibleFixedAssets2014-10-012015-09-3002945264ns1:HighestPaidDirector2014-10-012015-09-3002945264ns1:HighestPaidDirector2013-10-012014-09-3002945264ns3:Buildings2014-10-012015-09-3002945264ns3:LeasedTangibleFixedAssetsns3:Buildings2014-10-012015-09-3002945264ns3:OwnedOrFreeholdTangibleFixedAssets2014-10-012015-09-3002945264ns3:OwnedOrFreeholdTangibleFixedAssets2013-10-012014-09-3002945264ns3:LeasedTangibleFixedAssets2014-10-012015-09-3002945264ns3:LeasedTangibleFixedAssets2013-10-012014-09-3002945264ns1:AllOrdinaryShares2015-09-3002945264ns1:AllPreferenceShares2015-09-3002945264ns1:AllOrdinaryShares2014-09-3002945264ns1:AllPreferenceShares2014-09-3002945264ns1:AllOrdinarySharesns3:DividendsPaid2013-10-012014-09-3002945264ns1:AllOrdinarySharesns3:DividendsProposed2014-10-012015-09-3002945264ns1:AllOrdinarySharesns3:DividendsProposed2013-10-012014-09-3002945264ns1:AllOrdinarySharesns3:DividendsPaid2014-10-012015-09-3002945264ns1:AllOrdinaryShares2014-10-012015-09-3002945264ns1:AllPreferenceShares2014-10-012015-09-3002945264ns3:DevelopmentCostsPatentsSimilar2014-10-0102945264ns3:DevelopmentCostsPatentsSimilar2014-10-012015-09-3002945264ns3:DevelopmentCostsPatentsSimilar2015-09-3002945264ns3:OtherIntangibleFixedAssets2014-10-0102945264ns3:OtherIntangibleFixedAssets2014-10-012015-09-3002945264ns3:OtherIntangibleFixedAssets2015-09-3002945264ns1:OrdinaryShareClass12014-10-012015-09-3002945264ns1:OrdinaryShareClass22014-10-012015-09-3002945264ns1:OrdinaryShareClass32014-10-012015-09-3002945264ns1:OrdinaryShareClass42014-10-012015-09-3002945264ns1:OrdinaryShareClass52014-10-012015-09-3002945264ns1:PreferenceShareClas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Company registration number:02945264
VALUE CREATION COMPANY LIMITED
ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2015

VALUE CREATION COMPANY LIMITED
BALANCE SHEET
AS AT 30 September 2015
2015 2014
Notes £ £ £ £
FIXED ASSETS
Tangible assets2827,658826,840
827,658826,840
CURRENT ASSETS
Debtors3,313455
Cash at bank and in hand337,106251,918
340,419252,373
CREDITORS
Amounts falling due within one year(24,274)(23,354)
NET CURRENT ASSETS 316,145 229,019
TOTAL ASSETS LESS
CURRENT LIABILITIES 1,143,803 1,055,859
NET ASSETS 1,143,803 1,055,859
CAPITAL AND RESERVES
Called-up equity share capital 4 200 200
Profit and loss account 1,143,603 1,055,659
SHAREHOLDERS FUNDS 1,143,803 1,055,859
For the year ending 30 September 2015 the company was entitled to exemptio 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Approved by the board of directors on 17 February 2016 and signed on its behalf.
..........................................................................
RG Heath
17 February 2016
The annexed notes form part of these financial statements.

VALUE CREATION COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
1. Accounting policies
Basis of preparing the financial statements
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Fixed assets
In accordance with FRSSE, no depreciation is charged on land and buildings held as fixed asset investments by the company, a departure from the Companies Act 2006, but are shown at valuation. The director considers that this policy gives a true and fair view. Other tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment 25% reducing balance basis
2.Tangible fixed assets
Total
Cost
At start of period868,629
Additions1,969
At end of period870,598
Depreciation
At start of period41,789
Provided during the period1,151
At end of period42,940
Net Book Value
At start of period826,840
At end of period827,658
3.Debtors
Included within other debtors is a loan of £3,187 (2014 - £Nil) to RG Heath, the director. The maximum amount outstanding during the year was £3,187.
4. Share capital Allotted, issued and fully paid
2015 2014
£ £
'A' Ordinary shares of £1 each100100
'B' Ordinary shares of £1 each100100
Total issued share capital200200
5.Ultimate controlling party
In the opinion of the Director Mr RG Heath who together with his wife holds 100% of the 'A' Ordinary shares is the company's ultimate controller.