Consultiam Property Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04906350 (England and Wales)

Abbreviated Accounts For The Year Ended 30 November 2013

for

Consultiam Property Limited

T/A

Capa

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A L Sweeney

M Sheath

SECRETARY:

D Kaye

REGISTERED OFFICE:

3rd Floor

37 Duke Street

London

W1U 1LN

REGISTERED NUMBER:

04906350 (England and Wales)

ACCOUNTANTS:

Robb Ferguson

Chartered Accountants

5 Oswald Street

Glasgow

G1 4QR

FIXED ASSETS

Intangible assets

2

329,450

359,400

Tangible assets

3

39,124

24,534

Investments

4

-

-

368,574

383,934

CURRENT ASSETS

Debtors

830,351

801,738

Investments

5,000

5,000

Cash at bank and in hand

15,271

448,817

850,622

1,255,555

CREDITORS

Amounts falling due within one year

473,534

599,096

NET CURRENT ASSETS

377,088

656,459

TOTAL ASSETS LESS CURRENT LIABILITIES

745,662

1,040,393

PROVISIONS FOR LIABILITIES

5,699

5,386

NET ASSETS

739,963

1,035,007

CAPITAL AND RESERVES

Called up share capital

5

10

10

Profit and loss account

739,953

1,034,997

SHAREHOLDERS' FUNDS

739,963

1,035,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 28 August 2014 and were signed on its behalf by:

A L Sweeney - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to pay more (or a right to pay less) tax at the tax rates that are

expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no

commitment to sell the asset.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered.

Deferred tax assets and liabilities are not discounted.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

and 30 November 2013

599,000

AMORTISATION

At 1 December 2012

239,600

Amortisation for year

29,950

At 30 November 2013

269,550

NET BOOK VALUE

At 30 November 2013

329,450

At 30 November 2012

359,400

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

127,651

Additions

25,433

At 30 November 2013

153,084

DEPRECIATION

At 1 December 2012

103,117

Charge for year

10,843

At 30 November 2013

113,960

NET BOOK VALUE

At 30 November 2013

39,124

At 30 November 2012

24,534

4.	FIXED ASSET INVESTMENTS

The company's investments at the balance sheet date in the share capital of companies include the following:

Arc Mobile Adverts Limited

Nature of business: Advertising company

%

Class of shares:

holding

Ordinary

100.00

31.12.13

31.12.12

£

£

Aggregate capital and reserves

13,576

18,290

(Loss)/profit for the year

(4,714

)

77,867

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

10

Ordinary shares

£1

10

10

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2013 and

30 November 2012:

2013

2012

£

£

A L Sweeney

Balance outstanding at start of year

180,434

180,735

Amounts repaid

-

(301

)

Balance outstanding at end of year

180,434

180,434

M Sheath

Balance outstanding at start of year

-

-

Amounts advanced

200,000

-

Amounts repaid

-

-

Balance outstanding at end of year

200,000

-