24 CONSULTANCY LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07105519 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

24 CONSULTANCY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J Waring

REGISTERED OFFICE:

1168/1170 Melton Road

Syston

Leicestershire

LE7 2HB

REGISTERED NUMBER:

07105519 (England and Wales)

ACCOUNTANTS:

Conley Ward

1168/1170 Melton Road

Syston

Leicester

Leicestershire

LE7 2HB

FIXED ASSETS

Tangible assets

2

3,230

3,106

CURRENT ASSETS

Debtors

30,865

11,028

Cash at bank

379,817

348,951

410,682

359,979

CREDITORS

Amounts falling due within one year

128,745

123,075

NET CURRENT ASSETS

281,937

236,904

TOTAL ASSETS LESS CURRENT LIABILITIES

285,167

240,010

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

285,166

240,009

SHAREHOLDERS' FUNDS

285,167

240,010

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

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

A J Waring - 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).

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.

Plant and machinery etc

-

33% on cost and 15% 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 February 2015

16,066

Additions

1,643

At 31 January 2016

17,709

DEPRECIATION

At 1 February 2015

12,960

Charge for year

1,519

At 31 January 2016

14,479

NET BOOK VALUE

At 31 January 2016

3,230

At 31 January 2015

3,106

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

1

Ordinary

£1

1

1