Consortio Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05097052 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 May 2014 to 31 July 2015

for

Consortio Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms R Nijjhar

REGISTERED OFFICE:

144 Hamilton Road

Reading

Berkshire

RG1 5RE

REGISTERED NUMBER:

05097052 (England and Wales)

ACCOUNTANTS:

Attwoods Chartered Accountants

12 Palfrey Close

St Albans

Hertfordshire

AL3 5RE

FIXED ASSETS

Tangible assets

2

200

519

CURRENT ASSETS

Debtors

12,159

5,564

Cash at bank

7,773

3,448

19,932

9,012

CREDITORS

Amounts falling due within one year

10,851

9,487

NET CURRENT ASSETS/(LIABILITIES)

9,081

(475

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,281

44

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

9,279

42

SHAREHOLDERS' FUNDS

9,281

44

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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:

Ms R Nijjhar - 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 January

2015).

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.

Plant and machinery etc

-

33% on cost and 25% 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.

Pension costs and other post-retirement benefits

The Company contributes to the personal pension arrangements of a director in lieu of a

formal corporate scheme. Contributions are charged to the profit and loss account as

incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 31 July 2015

987

DEPRECIATION

At 1 May 2014

468

Charge for period

319

At 31 July 2015

787

NET BOOK VALUE

At 31 July 2015

200

At 30 April 2014

519

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary shares

£1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended

31 July 2015 and the year ended 30 April 2014:

2015

2014

£

Ms R Nijjhar

Balance outstanding at start of period

-

Amounts advanced

7,407

-

Amounts repaid

-

Balance outstanding at end of period

7,407

-

The director's advance was repaid by the director on 31st January 2016.