C-LEVEL_LIMITED - Accounts

C-LEVEL LIMITED - Company Information

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Company Registration No. 03923003 (England and Wales)

C-LEVEL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

C-LEVEL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

C-LEVEL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

134

378

Current assets

Debtors

63,985

65,073

Cash at bank and in hand

17,777

2,542

81,762

67,615

Creditors: amounts falling due within one year

(42,619)

(38,649)

Net current assets

39,143

28,966

Total assets less current liabilities

39,277

29,344

Capital and reserves

Called up share capital

Profit and loss account

39,272

29,339

Shareholders' funds

39,277

29,344

For the financial year ended 28 February 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 year 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 for issue on 25 November 2015

Mr S P Edwards

Director

Company Registration No. 03923003

C-LEVEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 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 amounts receivable for goods and services net of VAT and trade discounts and is recognised upon performance of the service.

1.4

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

25% straight line

Fixtures, fittings & equipment

20% straight line

1.5

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

Fixed assets

Tangible assets

Cost

At 1 March 2014 & at 28 February 2015

5,204

Depreciation

At 1 March 2014

4,826

Charge for the year

244

At 28 February 2015

5,070

Net book value

At 28 February 2015

134

At 28 February 2014

378

C-LEVEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 28 FEBRUARY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

5 Ordinary shares of £1 each