Declension Systems Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07084720 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

Declension Systems Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Boultbee

REGISTERED OFFICE:

4 Mayflower St

London

London

SE16 4JL

REGISTERED NUMBER:

07084720 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

12th Floor

30 Crown Place

London

EC2A 2AL

FIXED ASSETS

Tangible assets

2

2,494

999

CURRENT ASSETS

Debtors

-

25,850

Cash at bank

106,200

98,891

106,200

124,741

CREDITORS

Amounts falling due within one year

14,464

40,714

NET CURRENT ASSETS

91,736

84,027

TOTAL ASSETS LESS CURRENT LIABILITIES

94,230

85,026

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

94,229

85,025

SHAREHOLDERS' FUNDS

94,230

85,026

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 10 March 2016 and were signed by:

N Boultbee - 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).

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax.

TANGIBLE FIXED ASSETS

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

DEFERRED TAX

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

balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

1,604

Additions

2,327

At 30 November 2015

3,931

DEPRECIATION

At 1 December 2014

605

Charge for year

832

At 30 November 2015

1,437

NET BOOK VALUE

At 30 November 2015

2,494

At 30 November 2014

999

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

£

1

Ordinary

1.00

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES