ISIS CONCEPTS LIMITED - Accounts 2013

ISIS CONCEPTS LIMITED - Accounts 2013

ZIOXI LIMITED - Company Information

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2012-12-012013-11-3003852772falsetruehttp://www.companieshouse.gov.uk/pt:PlantMachinery2012-11-30http://www.companieshouse.gov.uk/cd:Director12012-12-012013-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2013-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2012-12-012013-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12012-12-012013-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2012-12-012013-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12012-11-30http://www.companieshouse.gov.uk/2011-12-012012-11-30http://www.companieshouse.gov.uk/2012-12-012013-11-30http://www.companieshouse.gov.uk/2012-11-30http://www.companieshouse.gov.uk/2013-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2012-11-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2012-12-012013-11-30http://www.companieshouse.gov.uk/pt:LandBuildings2013-11-30http://www.companieshouse.gov.uk/2012-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03852772
Isis Concepts Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2013
Prepared By:
Affinity Accountancy
44
Charlbury Road
Oxford
OX2 6UX

Isis Concepts Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 November 2013
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts4
The company's registered number is 03852772

Isis Concepts Limited
Registered Number: 03852772
BALANCE SHEET AT 30 NOVEMBER 2013
20132012
Notes££
FIXED ASSETS
Tangible assets272,94186,935
CURRENT ASSETS
Stock559,237516,647
Debtors (amounts falling due within one year)31,995,8501,254,815
Cash at bank and in hand385,865489,608
2,940,9522,261,070
CREDITORS: Amounts falling due within one year1,767,747843,535
NET CURRENT ASSETS1,173,2051,417,535
TOTAL ASSETS LESS CURRENT LIABILITIES1,246,1461,504,470
CREDITORS: Amounts falling due after more than one year4-5,550
PROVISIONS FOR LIABILITIES77,96777,967
NET ASSETS1,168,1791,420,953
CAPITAL AND RESERVES
Called up share capital522
Profit and loss account1,168,1771,420,951
SHAREHOLDERS' FUNDS1,168,1791,420,953

Isis Concepts Limited
Registered Number: 03852772
For the year ending 30 November 2013 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 29 August 2014 and signed on their behalf by
NJ Topliss
Director

Isis Concepts Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2013
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 3-7 years
Equipmentstraight line 4 years
Motor Carsstraight line 3-4 years
1d. Stocks
Stock and work in progress are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Isis Concepts Limited
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 December 201277,967622,261700,228
Additions-54,09654,096
Disposals-(32,156)(32,156)
At 30 November 201377,967644,201722,168
Depreciation
At 1 December 201277,967535,326613,293
Disposals-(24,479)(24,479)
For the year-60,41360,413
At 30 November 201377,967571,260649,227
Net Book Amounts
At 30 November 2013-72,94172,941
At 30 November 2012-86,93586,935

Isis Concepts Limited
3. DEBTORS 20132012
££
Amounts falling due within one year:
Trade debtors744,516912,507
VAT43,614-
Other Tax5,5817,104
Other debtors1,202,139335,204
1,995,8501,254,815
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20132012
££
Other creditors-5,550
-5,550
Included in other creditors are:
Obligations under hire purchase-5,550
5. SHARE CAPITAL 20132012
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22

Isis Concepts Limited
6. RELATED PARTY TRANSACTIONS
The main building rented by the company is owned by the Director, NJ Topliss. Rental payments in the period in respect of this building were £76,000 (2012: £76,000).