Predict It Ltd - Limited company - abbreviated - 11.6

Predict It Ltd - Limited company - abbreviated - 11.6


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Abbreviated Accounts for the Year Ended 31 October 2014

for

Predict It Ltd

Predict It Ltd (Registered number: 04934302)

Contents of the Abbreviated Accounts
for the Year Ended 31 October 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Certified Accountants' Report 5

Predict It Ltd

Company Information
for the Year Ended 31 October 2014







DIRECTOR: J Cresswell





SECRETARY: M Cresswell





REGISTERED OFFICE: 39 Chobham Road
Woking
Surrey
GU21 6JD





REGISTERED NUMBER: 04934302 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
39 Chobham Road
Woking
Surrey
GU21 6JD

Predict It Ltd (Registered number: 04934302)

Abbreviated Balance Sheet
31 October 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 7,457 590
Investments 3 224 -
7,681 590

CURRENT ASSETS
Debtors 8,236 -
Cash at bank 38,311 63,647
46,547 63,647
CREDITORS
Amounts falling due within one year 9,051 5,321
NET CURRENT ASSETS 37,496 58,326
TOTAL ASSETS LESS CURRENT LIABILITIES 45,177 58,916

PROVISIONS FOR LIABILITIES 1,538 -
NET ASSETS 43,639 58,916

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 43,638 58,915
SHAREHOLDERS' FUNDS 43,639 58,916

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

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

The director acknowledges his 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 13 May 2015 and were signed by:




J Cresswell - Director


Predict It Ltd (Registered number: 04934302)

Notes to the Abbreviated Accounts
for the Year Ended 31 October 2014


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 services, 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.

Fixtures and fittings - 25% on reducing balance
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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013 3,354
Additions 9,352
At 31 October 2014 12,706
DEPRECIATION
At 1 November 2013 2,764
Charge for year 2,485
At 31 October 2014 5,249
NET BOOK VALUE
At 31 October 2014 7,457
At 31 October 2013 590

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
Additions 224
At 31 October 2014 224
NET BOOK VALUE
At 31 October 2014 224

Predict It Ltd (Registered number: 04934302)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 October 2014


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1 Ordinary £1 1 1

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Predict It Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Predict It Ltd for the year ended 31 October 2014 which comprise the Profit and
Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.






CSL Partnership Limited
Chartered Certified Accountants
39 Chobham Road
Woking
Surrey
GU21 6JD


13 May 2015