Abbreviated Company Accounts - ANALYTICS SEO LIMITED
Abbreviated Company Accounts - ANALYTICS SEO LIMITED
Registered Number 05796620
ANALYTICS SEO LIMITED
Abbreviated Accounts
30 September 2014
ANALYTICS SEO LIMITED Registered Number 05796620
Abbreviated Balance Sheet as at 30 September 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Profit and loss account |
( |
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Shareholders' funds |
( |
( |
For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
ANALYTICS SEO LIMITED Registered Number 05796620
Notes to the Abbreviated Accounts for the period ended 30 September 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Furniture and Fixtures - 25% pa straight line
Computer Equipment and Software - 33% pa straight line
Other accounting policies
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.
Foreign currency
Foreign currency transactions are translated at the rates ruling in the month they occurred. Foreign currency monetary assets and liabilities are translated at the rate of exchange ruling at the balance sheet date. Any differences are taken to the profit and loss account.
Deferred taxation
Deferred tax liabilities are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date. No deferred tax assets have been recognised. Deferred tax balances are not discounted.
Going concern
During the year to 30 September 2014 the Company made a loss of £37,507 (2013: 122,869) as it continued to accelerate the development of its core search engine optimisation platform, bringing total accumulated losses to £686,001 (2013: £648,494).
The Group has established strong recurring revenue streams for its core search engine optimisation platform and has now reached break even. Consequently the directors believe that the going concern basis remains appropriate for the preparation of the financial statements.
£ | |
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Cost | |
At 1 October 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2014 |
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Amortisation | |
At 1 October 2013 |
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Charge for the year |
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On disposals |
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At 30 September 2014 |
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Net book values | |
At 30 September 2014 | 0 |
At 30 September 2013 | 111 |
£ | |
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Cost | |
At 1 October 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2014 |
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Depreciation | |
At 1 October 2013 |
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Charge for the year |
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On disposals |
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At 30 September 2014 |
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Net book values | |
At 30 September 2014 | 25,413 |
At 30 September 2013 | 31,734 |
4Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 October 2013: | £ |
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Advances or credits made: | ||
Advances or credits repaid: | £ |
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Balance at 30 September 2014: | £ |
The above Directors have personally provided some of the Company's working capital. At the end of the period, the amount owed by the Company to them, jointly and severally, was £251,126 (2013: £253,126). Under the terms of the original shareholder loan agreement dated 1 November 2010 (as amended on 28 March 2012, 1 August 2012, 1 July 2013 and 1 April 2014) the loan does not bear interest and has no fixed terms of repayment. The loan can be repaid in full at any time without penalty.