Precept CS Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07311462 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Precept CS Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs H Martin - Luce

SECRETARY:

A N Martin - Luce

REGISTERED OFFICE:

Hadley

8 Dane Close

Hartlip

Kent

ME9 7TN

REGISTERED NUMBER:

07311462 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

-

Tangible assets

2

420

CURRENT ASSETS

8,336

Debtors

30,392

809

Cash at bank

2,335

9,145

32,727

CREDITORS

5,524

Amounts falling due within one year

17,733

3,621

NET CURRENT ASSETS

14,994

3,621

TOTAL ASSETS LESS CURRENT LIABILITIES

15,414

-

PROVISIONS FOR LIABILITIES

84

3,621

NET ASSETS

15,330

CAPITAL AND RESERVES

1

Called up share capital

3

1

3,620

Profit and loss account

15,329

3,621

SHAREHOLDERS' FUNDS

15,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30 June 2015 and were signed by:

Mrs H Martin - Luce - 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 each asset over its estimated useful life.

Plant and machinery etc

-

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

Additions

560

At 30 September 2014

560

DEPRECIATION

Charge for year

140

At 30 September 2014

140

NET BOOK VALUE

At 30 September 2014

420

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

1

Ordinary

£1

1

1