Expert Networking Group Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03888905 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2014

for

Expert Networking Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Thompson

H J Upton

SECRETARY:

S J Thompson

REGISTERED OFFICE:

Boston House

Grove Technology Park

Wantage

Oxfordshire

OX12 9FF

REGISTERED NUMBER:

03888905 (England and Wales)

ACCOUNTANTS:

Smiths Chartered Accountants

Unit 114 Boston House

Grove Technology Park

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Tangible assets

2

72,882

97,890

CURRENT ASSETS

Debtors

80,985

88,203

Cash in hand

816,338

804,059

897,323

892,262

CREDITORS

Amounts falling due within one year

196,536

62,770

NET CURRENT ASSETS

700,787

829,492

TOTAL ASSETS LESS CURRENT LIABILITIES

773,669

927,382

PROVISIONS FOR LIABILITIES

2,101

5,060

NET ASSETS

771,568

922,322

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

771,564

922,318

SHAREHOLDERS' FUNDS

771,568

922,322

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 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 27 April 2015 and were signed on its behalf by:

S J Thompson - Director

H J Upton - 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 the cost less estimated residual value of each asset over its estimated useful life.

Deferred tax

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

the balance sheet date.

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

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

165,418

Disposals

(5,788

)

At 30 November 2014

159,630

DEPRECIATION

At 1 December 2013

67,528

Charge for year

24,293

Eliminated on disposal

(5,073

)

At 30 November 2014

86,748

NET BOOK VALUE

At 30 November 2014

72,882

At 30 November 2013

97,890

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

4

Ordinary shares

1

4

4