Abbreviated Company Accounts - COPERNICUS LIMITED

COPERNICUS LIMITED - Company Information

Registered Number 01626363

COPERNICUS LIMITED

Abbreviated Accounts

30 September 2015

COPERNICUS LIMITED Registered Number 01626363

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	9,316	6,009
		9,316	6,009
Current assets
Debtors		6,299	76,120
Cash at bank and in hand		448,095	356,286
		454,394	432,406
Net current assets (liabilities)		454,394	432,406
Total assets less current liabilities		463,710	438,415
Creditors: amounts falling due after more than one year		(252,050)	(221,926)
Total net assets (liabilities)		211,660	216,489
Capital and reserves
Called up share capital		16,766	16,766
Share premium account		3,033	3,033
Profit and loss account		191,861	196,690
Shareholders' funds		211,660	216,489

For the year ending 30 September 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 26 April 2016

And signed on their behalf by:
Allen Jones, Director

COPERNICUS LIMITED Registered Number 01626363

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding VAT, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at the rate of 25%, straight line in order to write off the cost less residual value of the asset over its expected useful life.

2Tangible fixed assets

	£
Cost
At 1 October 2014	38,658
Additions	6,795
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	45,453
Depreciation
At 1 October 2014	32,649
Charge for the year	3,488
On disposals	-
At 30 September 2015	36,137
Net book values
At 30 September 2015	9,316
At 30 September 2014	6,009