Calibre Network Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04628107 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2016

FOR

CALIBRE NETWORK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M A Watts

REGISTERED OFFICE:

Unit 10

Swan Business Centre

Station Road

Hailsham

East Sussex

BN27 2BY

REGISTERED NUMBER:

04628107 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Tangible assets

2

343

498

CURRENT ASSETS

Debtors

87,524

91,383

Cash at bank and in hand

88,929

79,683

176,453

171,066

CREDITORS

Amounts falling due within one year

138,255

142,517

NET CURRENT ASSETS

38,198

28,549

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,541

29,047

PROVISIONS FOR LIABILITIES

69

100

NET ASSETS

38,472

28,947

CAPITAL AND RESERVES

Called up share capital

3

10

Capital redemption reserve

30

Profit and loss account

38,432

28,907

SHAREHOLDERS' FUNDS

38,472

28,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 20 September 2016 and were signed by:

M A Watts - 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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

25% on reducing balance and 25% 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 June 2015

and 31 May 2016

11,910

DEPRECIATION

At 1 June 2015

11,412

Charge for year

155

At 31 May 2016

11,567

NET BOOK VALUE

At 31 May 2016

343

At 31 May 2015

498

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

6

"A" Ordinary

£1

6

4

"C" Ordinary

£1

4

10