Celentyx Limited - Limited company - abbreviated

REGISTERED NUMBER: 05304904 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Celentyx Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Professor N M Barnes

Professor J Gordon

Professor A Boyd

SECRETARY:

Mrs R Hart

REGISTERED OFFICE:

Birmingham Research Park

Vincent Drive

Birmingham

West Midlands

B15 2SQ

REGISTERED NUMBER:

05304904 (England and Wales)

ACCOUNTANTS:

Rachael Hart Chartered Accountant

3 Evelench Barns

Evelench Lane

Tibberton

Worcestershire

WR9 7NY

FIXED ASSETS

Tangible assets

2

7,348

9,235

CURRENT ASSETS

Debtors

36,661

4,119

Cash at bank

190,466

70,098

227,127

74,217

CREDITORS

Amounts falling due within one year

170,112

47,873

NET CURRENT ASSETS

57,015

26,344

TOTAL ASSETS LESS CURRENT
LIABILITIES

64,363

35,579

CAPITAL AND RESERVES

Called up share capital

3

121

Share premium

230,842

Profit and loss account

(166,600

)

(195,384

)

SHAREHOLDERS' FUNDS

64,363

35,579

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 21 July 2014 and were signed on its behalf by:

Professor N M Barnes - 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 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 January 2013

32,753

Additions

563

At 31 December 2013

33,316

DEPRECIATION

At 1 January 2013

23,518

Charge for year

2,450

At 31 December 2013

25,968

NET BOOK VALUE

At 31 December 2013

7,348

At 31 December 2012

9,235

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

1,003

Ordinary

.1

100

134

A Ordinary Shares

.1

21

121

Celentyx Limited - Limited company - abbreviated - 11.0.0

Celentyx Limited - Limited company - abbreviated - 11.0.0