SIX_EIGHTY_LIMITED - Accounts

SIX EIGHTY LIMITED - Company Information

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Company Registration No. 09136952 (England and Wales)

SIX EIGHTY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2015

SIX EIGHTY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SIX EIGHTY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

Notes

Fixed assets

Intangible assets

112,000

Tangible assets

14,626

126,626

Current assets

Debtors

22,218

Cash at bank and in hand

30,202

52,420

Creditors: amounts falling due within one year

(178,293)

Net current liabilities

(125,873)

Total assets less current liabilities

753

Capital and reserves

Called up share capital

100

Profit and loss account

653

Shareholders' funds

753

For the financial Period ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 3 September 2015

Mr A Manners

Director

Company Registration No. 09136952

SIX EIGHTY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents gross amounts receivable for services less VAT due on the Flat Rate Scheme.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years. of 5 years.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% straight line

Motor vehicles

25% reducing balance

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 18 July 2014

Additions

140,000

19,600

159,600

At 31 July 2015

140,000

19,600

159,600

Depreciation

At 18 July 2014

Charge for the period

28,000

4,974

32,974

At 31 July 2015

28,000

4,974

32,974

Net book value

At 31 July 2015

112,000

14,626

126,626

SIX EIGHTY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 JULY 2015

- 3 -

Share capital

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100

100 ordinary shares were issued at par value of £1 each at the date of incorporation.

Control

The company has no ultimate controlling party as the directors have equal shareholdings.