Sibex Consultancy Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07534935 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

SIBEX CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Mason

REGISTERED OFFICE:

Holmes & Hills LLP

Bocking End

Braintree

Essex

CM7 9AJ

REGISTERED NUMBER:

07534935 (England and Wales)

ACCOUNTANTS:

Richard Edwards Group LLP

Chartered Certified Accountants

The Maltings

Rosemary Lane

Halstead

Essex

CO9 1HZ

FIXED ASSETS

Tangible assets

2

-

2,445

CURRENT ASSETS

Debtors

-

8,550

Cash at bank

14,393

39,242

14,393

47,792

CREDITORS

Amounts falling due within one year

14,392

17,381

NET CURRENT ASSETS

1

30,411

TOTAL ASSETS LESS CURRENT LIABILITIES

1

32,856

PROVISIONS FOR LIABILITIES

-

489

NET ASSETS

1

32,367

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

-

32,366

SHAREHOLDERS' FUNDS

1

32,367

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 21 June 2016 and were signed by:

S Mason - 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 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

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

4,458

Disposals

(4,458

)

At 31 May 2016

-

DEPRECIATION

At 1 June 2015

2,013

Charge for year

458

Eliminated on disposal

(2,471

)

At 31 May 2016

-

NET BOOK VALUE

At 31 May 2016

-

At 31 May 2015

2,445

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1