CyclopeVideo Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09903492 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

4 December 2015 to 31 December 2016

for

CyclopeVideo Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr F Mazzarino

REGISTERED OFFICE:

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

REGISTERED NUMBER:

09903492 (England and Wales)

ACCOUNTANTS:

LING PHIPP

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

2

5,824

CURRENT ASSETS

Debtors

320

Cash at bank

30,793

31,113

CREDITORS

Amounts falling due within one year

35,412

NET CURRENT LIABILITIES

(4,299

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,525

PROVISIONS FOR LIABILITIES

1,165

NET ASSETS

360

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

260

SHAREHOLDERS' FUNDS

360

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 27 February 2017 and were signed by:

Mr F Mazzarino - 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

-

20% on reducing balance

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between treatment of certain

items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

7,394

At 31 December 2016

7,394

DEPRECIATION

Charge for period

1,570

At 31 December 2016

1,570

NET BOOK VALUE

At 31 December 2016

5,824

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£100

100