PRISMATIC CONSULTING LTD - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07669000 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

PRISMATIC CONSULTING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N A Knight

SECRETARY:

REGISTERED OFFICE:

30 KERRIS WAY

EARLEY

READING

Berkshire

RG6 5UW

REGISTERED NUMBER:

07669000 (England and Wales)

ACCOUNTANTS:

EDMONDS ACCOUNTANCY LIMITED

HAWTHORNS

ODIHAM ROAD

RISELEY

READING

Berkshire

RG7 1SD

FIXED ASSETS

Intangible assets

2

23,774

27,764

Tangible assets

3

739

1,103

24,513

28,867

CURRENT ASSETS

Debtors

208

1,152

Cash at bank

811

505

1,019

1,657

CREDITORS

Amounts falling due within one year

21

318

NET CURRENT ASSETS

998

1,339

TOTAL ASSETS LESS CURRENT LIABILITIES

25,511

30,206

CREDITORS

Amounts falling due after more than one year

106,333

88,868

NET LIABILITIES

(80,822

)

(58,662

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(80,823

)

(58,663

)

SHAREHOLDERS' FUNDS

(80,822

)

(58,662

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 29 February 2016 and were signed by:

N A Knight - 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).

Intangible fixed assets

Acquired Franchise package is written off in equal annual instalments over its

ten year duration.

Tangible fixed assets

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

Plant and machinery etc

-

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 July 2014

and 30 June 2015

39,900

AMORTISATION

At 1 July 2014

12,136

Amortisation for year

3,990

At 30 June 2015

16,126

NET BOOK VALUE

At 30 June 2015

23,774

At 30 June 2014

27,764

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

2,862

DEPRECIATION

At 1 July 2014

1,759

Charge for year

364

At 30 June 2015

2,123

NET BOOK VALUE

At 30 June 2015

739

At 30 June 2014

1,103

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

1

Ordinary

£1

1

1