ELUCIDATA_LTD - Accounts

UNAI LTD - Company Information

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Company Registration No. 07383400 (England and Wales)

ELUCIDATA LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

ELUCIDATA LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ELUCIDATA LTD

ABBREVIATED BALANCE SHEET

AS AT

30 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

6,139

1,984

Investments

6,189

2,034

Current assets

Debtors

90,085

17,151

Cash at bank and in hand

11,671

19,284

101,756

36,435

Creditors: amounts falling due within one year

(52,087)

(24,779)

Net current assets

49,669

11,656

Total assets less current liabilities

55,858

13,690

Provisions for liabilities

(1,228)

(397)

54,630

13,293

Capital and reserves

Called up share capital

1,000

Profit and loss account

53,630

12,293

Shareholders' funds

54,630

13,293

For the financial Period ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 April 2015

J D Baldwin

Director

Company Registration No. 07383400

ELUCIDATA LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% per annum of cost

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.7

Research and Development

Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same way unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period during which the company is expected to benefit.

ELUCIDATA LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2014

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 October 2013

3,922

3,972

Additions

6,125

At 31 December 2014

10,047

10,097

Depreciation

At 1 October 2013

1,937

Charge for the period

1,971

At 31 December 2014

3,908

Net book value

At 31 December 2014

6,139

6,189

At 30 September 2013

1,984

2,034

Share capital

2014

2013

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000