Changeworks Communications Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06246243 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

CHANGEWORKS COMMUNICATIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S Tupling

SECRETARY:

D Tupling

REGISTERED OFFICE:

St Albans House

St Albans Road

Stafford

Staffordshire

ST16 3DP

REGISTERED NUMBER:

06246243 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

2

6,323

8,432

CURRENT ASSETS

Debtors

22,833

31,442

Cash at bank and in hand

1,773

1,953

24,606

33,395

CREDITORS

Amounts falling due within one year

14,684

14,619

NET CURRENT ASSETS

9,922

18,776

TOTAL ASSETS LESS CURRENT LIABILITIES

16,245

27,208

PROVISIONS FOR LIABILITIES

1,129

1,520

NET ASSETS

15,116

25,688

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

15,016

25,588

SHAREHOLDERS' FUNDS

15,116

25,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 10 March 2015 and were signed by:

Mrs S Tupling - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with special provisions of part 15 of the companies

Act 2006 and with the Financial reporting Standard for Smaller Entities (Effective April 2008).

Accounting convention

The financial statements have been prepared under the historical cost convention and are in accordance with

applicable accounting standards.

Turnover

Turnover represents sales of consultancy net of vat and trade discounts. Turnover is recognised when the

services are supplied to the customer.

Turnover represents the value of consultancy provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Where a contract has only been partly completed at the balance sheet date turnover represents the value of the

services provided to date based on a proportion of the total expected consideration at completion. Where

payments are received in advance of services provided, the amounts are recorded as deferred income and

included as part of creditors due within one year.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

20,289

DEPRECIATION

At 1 January 2014

11,857

Charge for year

2,109

At 31 December 2014

13,966

NET BOOK VALUE

At 31 December 2014

6,323

At 31 December 2013

8,432

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1.00

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2014 and

31 December 2013:

2014

2013

£

£

Mrs S Tupling

Balance outstanding at start of year

9,534

3,544

Amounts advanced

11,698

9,990

Amounts repaid

(21,501

)

(4,000

)

Balance outstanding at end of year

(269

)

9,534

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sue Tupling who owns 75% of the shares.