Sense 6 Software Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07021604 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Sense 6 Software Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Mayling

REGISTERED OFFICE:

Trafalgar House

261 Alcester Road South

Kings Heath

Birmingham

West Midlands

B14 5DT

REGISTERED NUMBER:

07021604 (England and Wales)

FIXED ASSETS

Intangible assets

2

11,501

38,337

CURRENT ASSETS

Debtors

2,856

-

Cash at bank

10,244

13,952

13,100

13,952

CREDITORS

Amounts falling due within one year

15,165

10,058

NET CURRENT (LIABILITIES)/ASSETS

(2,065

)

3,894

TOTAL ASSETS LESS CURRENT LIABILITIES

9,436

42,231

CREDITORS

Amounts falling due after more than one year

89,752

79,928

NET LIABILITIES

(80,316

)

(37,697

)

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

(80,326

)

(37,707

)

SHAREHOLDERS' FUNDS

(80,316

)

(37,697

)

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 director acknowledges his 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 25 September 2015 and were signed by:

P J Mayling - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

As the director and others are willing to continue their financial support for the foreseeable future and having regard to the

trading prospects of the company, the director considers it appropriate to prepare the financial statements on the going

concern basis.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Development expenditure

Initial Development expenditure was capitalised where there is a reasonable expectation of commercial viability.

It is written off on a 20% straight line basis in order to write it off over its estimated useful life.

Subsequent Research and Development has been written off through the profit and loss in the year that it has been incurred.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

95,841

AMORTISATION

At 1 January 2014

57,504

Amortisation for year

26,836

At 31 December 2014

84,340

NET BOOK VALUE

At 31 December 2014

11,501

At 31 December 2013

38,337

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

6

Ordinary A Shares

£1

6

6

2

Ordinary B Shares

£1

2

2

2

Ordinary C Shares

£1

2

2

10

10