Chainbox Technology (UK) Limited,Ltd - Accounts

Chainbox Technology (UK) Limited,Ltd - Accounts

CHAINBOX TECHNOLOGY (UK) LIMITED - Company Information

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2014-01-01 true false Private Limited Company 04973833 2014-12-31 04973833 2014-01-01 2014-12-31 04973833 2013-12-31 04973833 2013-01-01 2013-12-31 04973833 uk-bus:Director1 2014-01-01 2014-12-31 04973833 uk-gaap:ComputerEquipment 2014-01-01 2014-12-31 04973833 uk-gaap:FixturesFittings 2014-01-01 2014-12-31 04973833 uk-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP
Chainbox Technology (UK) Limited
For the year ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04973833
2
Contents Page
Chainbox Technology (UK) Limited
For the year ended 31 December 2014
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Chainbox Technology (UK) Limited
Accountant's Report
For the year ended 31 December 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 December 2014 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Spurlings Accountants Limited
112b High Road
Ilford
Essex
IG1 1BY
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4
Abbreviated Balance Sheet
Chainbox Technology (UK) Limited
As at 31 December 2014
04973833
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
1,121
1,400
1,121
1,400
Current assets
Debtors
1,110,255
1,110,255
Cash at bank and in hand
231,080
235,557
1,341,335
1,345,812
Creditors: amounts falling due within one year
(1,177,874)
(195,083)
167,938
1,146,252
Net current assets
Total assets less current liabilities
1,147,373
169,338
Creditors: amounts falling due after more than one year
-
(939,829)
207,544
Net assets
169,338
Capital and reserves
Called up share capital
2
3
2
Profit and loss account
207,542
169,336
207,544
169,338
Shareholders funds
For the year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Date approved by the board: 29 September 2015
Terry Frank Joel Spurling Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Chainbox Technology (UK) Limited
For the year ended 31 December 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
20 Reducing balance
Fixtures and Fittings
20 Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
11,283
At 01 January 2014
At 31 December 2014
11,283
Depreciation
9,883
At 01 January 2014
279
Charge for year
10,162
At 31 December 2014
Net book values
At 31 December 2014
1,121
1,400
At 31 December 2013
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6
Notes to the Abbreviated Financial Statements
Chainbox Technology (UK) Limited
For the year ended 31 December 2014
3 Share capital
Authorised
100 Ordinary shares of £1.00 each
Allotted called up and fully paid
2014
2013
£
£
2 Ordinary shares of £1.00 each
2
2
2
2
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