06943398
1.7.15
30.6.16
30.6.16
Company accounts
Private Limited Company
FY
true
false
true
false
false
false
true
false
Ordinary A
1.00000
Ordinary B,C,D & I
1.00000
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Abbreviated Accounts for the Year Ended 30 June 2016 |
Abbreviated Balance Sheet |
2 |
|
Notes to the Abbreviated Accounts |
4 |
|
|
REGISTERED OFFICE: |
39 Chobham Road |
|
REGISTERED NUMBER: |
06943398 (England and Wales) |
|
ACCOUNTANTS: |
CSL Partnership Limited |
|
Chartered Certified Accountants |
Intangible assets |
2 |
815,659 |
|
456,382 |
|
|
Tangible assets |
3 |
52,017 |
|
31,271 |
|
|
Investments |
4 |
4,447 |
|
3,823 |
|
|
Cash at bank |
210,405 |
|
137,792 |
|
|
Amounts falling due within one year |
607,251 |
|
597,884 |
|
|
NET CURRENT (LIABILITIES)/ASSETS |
(12,061 |
) |
63,094 |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
860,062 |
|
554,570 |
|
|
PROVISIONS FOR LIABILITIES |
10,226 |
|
6,254 |
|
|
NET ASSETS |
849,836 |
|
548,316 |
|
|
Called up share capital |
5 |
1,165 |
|
1,165 |
|
|
Share premium |
101,076 |
|
101,076 |
|
|
Capital redemption reserve |
92 |
|
92 |
|
|
Profit and loss account |
747,503 |
|
445,983 |
|
|
SHAREHOLDERS' FUNDS |
849,836 |
|
548,316 |
|
|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006. |
The directors acknowledge their 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 Board of Directors on 4 November 2016 and were signed on its behalf by: |
| 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 represents net sales of services, excluding value added tax. |
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
|
Fixtures and fittings |
- |
15% on reducing balance |
|
Computer equipment |
- |
33.3% on cost |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
|
Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to the profit and loss account in the period to which they |
| Development costs are amortised on a straight line basis over 5 years. |
2. |
INTANGIBLE FIXED ASSETS |
|
At 30 June 2016 |
1,104,240 |
|
|
|
Amortisation for year |
174,485 |
|
|
|
Eliminated on disposal |
(10,985 |
) |
|
4. |
FIXED ASSET INVESTMENTS |
|
The company's investments at the Balance Sheet date in the share capital of companies include the |
|
Country of incorporation: Poland |
|
Nature of business: Wholesale of computer equipment & software. |
|
Aggregate capital and reserves |
(2,852 |
) |
9,180 |
|
|
|
Country of incorporation: United States of America |
|
Nature of business: Wholesale of computer equipment & software. |
|
Aggregate capital and reserves |
(50,495 |
) |
(42,773 |
) |
|
5. |
CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
|
Number: |
Class: |
Nominal |
2016 |
2015 |
|
|
1,161 |
Ordinary A |
£1 |
1,161 |
|
1,161 |
|
|
|
4 |
Ordinary B,C,D & I |
£1 |
4 |
|
4 |
|
|