Computercubed Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08652206 (England and Wales)

COMPUTERCUBED LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A S Gahir

SECRETARY:

Mrs K K Gahir

REGISTERED OFFICE:

15 Quinn Way

Letchworth

Hertfordshire

SG6 2TX

REGISTERED NUMBER:

08652206 (England and Wales)

ACCOUNTANTS:

Shah & Co (Accountants) Ltd

Chartered Certified Accountants

Cash's Business Centre

1st Floor

228 Widdrington Road

Coventry

West Midlands

CV1 4PB

FIXED ASSETS

Tangible assets

2

258

268

CURRENT ASSETS

Debtors

6,298

4,423

Cash at bank

3,372

3,587

9,670

8,010

CREDITORS

Amounts falling due within one year

9,533

8,115

NET CURRENT ASSETS/(LIABILITIES)

137

(105

)

TOTAL ASSETS LESS CURRENT LIABILITIES

395

163

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

394

162

SHAREHOLDERS' FUNDS

395

163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 13 May 2016 and were signed by:

A S Gahir - 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 services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

400

Additions

379

At 31 August 2015

779

DEPRECIATION

At 1 September 2014

132

Charge for year

389

At 31 August 2015

521

NET BOOK VALUE

At 31 August 2015

258

At 31 August 2014

268

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2015 and the period

ended 31 August 2014:

31.8.15

31.8.14

£

£

A S Gahir

Balance outstanding at start of year

4,423

-

Amounts advanced

34,795

32,423

Amounts repaid

(32,920

)

(28,000

)

Balance outstanding at end of year

6,298

4,423

Interest was charged on the above loan at HMRC official rate. The loan was repaid in full subsequent to the

balance sheet date.