Abbreviated Company Accounts - CODE 4 SYSTEMS LIMITED

CODE 4 SYSTEMS LIMITED - Company Information

03860755 CODE 4 SYSTEMS LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 03860755 2013-01-01 2013-12-31 03860755 2013-12-31 03860755 2012-12-31 03860755 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03860755 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03860755

CODE 4 SYSTEMS LIMITED

Abbreviated Accounts

31 December 2013

CODE 4 SYSTEMS LIMITED Registered Number 03860755

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	517	6,062
		517	6,062
Current assets
Stocks		-	500
Debtors		-	34
Investments		30,226	204
		30,226	738
Creditors: amounts falling due within one year		(12,528)	(929)
Net current assets (liabilities)		17,698	(191)
Total assets less current liabilities		18,215	5,871
Creditors: amounts falling due after more than one year		(10,000)	(13,000)
Total net assets (liabilities)		8,215	(7,129)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		8,213	(7,131)
Shareholders' funds		8,215	(7,129)

For the year ending 31 December 2013 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 29 September 2014

And signed on their behalf by:
Mr S D Silver, Director

CODE 4 SYSTEMS LIMITED Registered Number 03860755

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and value added tax.

Tangible assets depreciation policy
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Domain names Nil
Office equipment 25% straight line

Other accounting policies
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company=s accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2Tangible fixed assets

	£
Cost
At 1 January 2013	6,999
Additions	627
Disposals	(6,000)
Revaluations	-
Transfers	-
At 31 December 2013	1,626
Depreciation
At 1 January 2013	937
Charge for the year	172
On disposals	-
At 31 December 2013	1,109
Net book values
At 31 December 2013	517
At 31 December 2012	6,062

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2