CIT Solutions Limited - Limited company - abbreviated

REGISTERED NUMBER: 06419425 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

CIT SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr L Malka

SECRETARY:

Mrs C Doron-Malka

REGISTERED OFFICE:

151 Carlton Vale

London

NW6 5HQ

REGISTERED NUMBER:

06419425 (England and Wales)

ACCOUNTANTS:

Scodie Deyong LLP

Chartered Accountants

4 Prince Albert Road

London

NW1 7SN

FIXED ASSETS

Tangible assets

2

835

707

CURRENT ASSETS

Debtors

6,482

Cash at bank

19,250

5,911

25,732

12,393

CREDITORS

Amounts falling due within one year

10,042

5,725

NET CURRENT ASSETS

15,690

6,668

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,525

7,375

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

16,425

7,275

SHAREHOLDERS' FUNDS

16,525

7,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 16 January 2015 and were signed by:

Mr L Malka - 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 April 2008).

Turnover

Turnover represents gross invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

3,156

Additions

406

At 30 November 2014

3,562

DEPRECIATION

At 1 December 2013

2,449

Charge for year

278

At 30 November 2014

2,727

NET BOOK VALUE

At 30 November 2014

835

At 30 November 2013

707

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

£1

100

CIT Solutions Limited - Limited company - abbreviated - 11.6

CIT Solutions Limited - Limited company - abbreviated - 11.6