Callout.tel Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08338607 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2014

for

Callout.tel Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R Pellegrinelli

Mr G D Wax

REGISTERED OFFICE:

51 Marlborough Avenue

Edgware

HA8 8UT

REGISTERED NUMBER:

08338607 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

28 Church Road

Stanmore

Middlesex

HA7 4XR

FIXED ASSETS

Intangible assets

2

-

1,000

Tangible assets

3

3,414

2,908

3,414

3,908

CURRENT ASSETS

Debtors

10,128

1,440

Cash at bank and in hand

4,988

5,193

15,116

6,633

CREDITORS

Amounts falling due within one year

(18,138

)

(10,376

)

NET CURRENT LIABILITIES

(3,022

)

(3,743

)

TOTAL ASSETS LESS CURRENT LIABILITIES

392

165

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

292

65

SHAREHOLDERS' FUNDS

392

165

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 22 September 2015 and were signed on its behalf by:

Mr G D Wax - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

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

Computer equipment

-

33.33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

2,000

AMORTISATION

At 1 January 2014

1,000

Amortisation for year

1,000

At 31 December 2014

2,000

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

1,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

4,340

Additions

2,766

At 31 December 2014

7,106

DEPRECIATION

At 1 January 2014

1,432

Charge for year

2,260

At 31 December 2014

3,692

NET BOOK VALUE

At 31 December 2014

3,414

At 31 December 2013

2,908

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100