ACCOUNTS - Final Accounts preparation

COMMA CONSULTING UK LIMITED - Company Information

Company registration number 07032168

	ABBREVIATED ACCOUNTS
	FOR THE YEAR ENDED 30 SEPTEMBER 2016

	COMMA CONSULTING UK LIMTED


COMMA CONSULTING UK LIMTED

COMPANY INFORMATION

Director	W J S Barker


Registered number	07032168


Registered office	Parkview House
	Church Lane
	Highclere
	Newbury
	Berkshire
	RG20 9RG


Accountants	Menzies LLP
	Chartered Accountants
	Centrum House
	36 Station Road
	Egham
	Surrey
	TW20 9LF


COMMA CONSULTING UK LIMTED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF COMMA CONSULTING UK LIMTED
FOR THE YEAR ENDED 30 SEPTEMBER 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Comma Consulting UK Limted for the year ended 30 September 2016 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at:
www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Comma Consulting UK Limted in accordance with the terms of our engagement letter dated [date]. Our work has been undertaken solely to prepare for your approval the financial statements of Comma Consulting UK Limted and state those matters that we have agreed to state to the director of Comma Consulting UK Limted in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Comma Consulting UK Limted and its director for our work or for this report.

It is your duty to ensure that Comma Consulting UK Limted has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit. You consider that Comma Consulting UK Limted is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Comma Consulting UK Limted. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Menzies LLP

Chartered Accountants

Centrum House

36 Station Road

Egham

Surrey

TW20 9LF

27 June 2017

Page 1


COMMA CONSULTING UK LIMTED REGISTERED NUMBER: 07032168

ABBREVIATED BALANCE SHEET

AS AT 30 SEPTEMBER 2016

2016

2015

Note

Current assets
Debtors	31,708		72,807
Cash at bank	-		868

	31,708		73,675
Creditors: amounts falling due within one year	(31,040)		(70,986)
Net current assets		668		2,689

Total assets less current liabilities

668

2,689

Capital and reserves
Called up share capital	2	100	100
Profit and loss account		568	2,589

Shareholders' funds

668

2,689

The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 September 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 26 June 2017.

W J S Barker

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2


COMMA CONSULTING UK LIMTED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

1.Accounting Policies

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	Going concern
		The director has a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason the director continues to adopt the going concern basis of accounting in preparing the annual financial statements.

	1.3	Turnover
		The turnover shown in the profit and loss account represents amounts receivable for services provided during the year in the normal course of business, net of VAT and other sales and related taxes. Income is only recognised when the company's obligation to supply is fulfilled and the company is unequivocally entitled to the income.

	1.4	Research and development
		Research and development expenditure is written off in the year in which it is incurred.

	1.5	Operating lease agreements
		Rentals applicable to opertaing leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

	1.6	Pension costs
		The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. Contributions are made on a discretionary basis and are charged to the profit and loss account in the year in which they are made.

	1.7	Financial instruments
		Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Page 3


COMMA CONSULTING UK LIMTED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

2.Share capital

	2016	2015
	£	£
Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

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