Abbreviated Company Accounts - CIRIUS UK LIMITED

05491328 CIRIUS UK LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 05491328 2014-07-01 2015-06-30 05491328 2015-06-30 05491328 2014-06-30 05491328 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 05491328 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 05491328

CIRIUS UK LIMITED

Abbreviated Accounts

30 June 2015

CIRIUS UK LIMITED Registered Number 05491328

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	184,224	238,441
Investments	3	100	100
		184,324	238,541
Current assets
Debtors		1,444,447	960,652
Cash at bank and in hand		542,818	231,803
		1,987,265	1,192,455
Creditors: amounts falling due within one year		(991,806)	(467,410)
Net current assets (liabilities)		995,459	725,045
Total assets less current liabilities		1,179,783	963,586
Creditors: amounts falling due after more than one year		0	(114,750)
Provisions for liabilities		(10,839)	(37,316)
Total net assets (liabilities)		1,168,944	811,520
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		1,168,942	811,518
Shareholders' funds		1,168,944	811,520

For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.

Approved by the Board on 30 November 2015

And signed on their behalf by:
Mr S Ward, Director

CIRIUS UK LIMITED Registered Number 05491328

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% Reducing balance
Motor Vehicles - 20% Straight line
Equipment - 25% Reducing balance

Other accounting policies
The company was under the control of Mr Stephen Ward throughout the current and previous year. Mr Ward is the managing director and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

2Tangible fixed assets

	£
Cost
At 1 July 2014	295,853
Additions	2,265
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	298,118
Depreciation
At 1 July 2014	57,412
Charge for the year	56,482
On disposals	-
At 30 June 2015	113,894
Net book values
At 30 June 2015	184,224
At 30 June 2014	238,441

3Fixed assets Investments
Shares in Subsidiaries
£
COST
At 1 July 2014 and 30 June 2015 100
════

NET BOOK VALUE
At 30 June 2015 and 30 June 2014 100
════
The company owns 100% of the issued share capital of the company below, Aggregate capital and reserves
Cirius Property Limited – 8,925
Profit and (loss) for the year
Cirius Property Limited – 4,302
Under the provision of section 248 of the Companies Act 1985 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2