Cambrian Software (UK) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03000418

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Cambrian Software (UK) Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

172

229

CURRENT ASSETS

Stocks

625

625

Debtors

13,915

15,192

Cash at bank

831

956

15,371

16,773

CREDITORS

Amounts falling due within one year

23,610

24,118

NET CURRENT LIABILITIES

(8,239

)

(7,345

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,067

)

(7,116

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(8,167

)

(7,216

)

SHAREHOLDERS' FUNDS

(8,067

)

(7,116

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 24 September 2014 and were signed by:

Mr S Jones - 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 goods, 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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

7,670

DEPRECIATION

At 1 January 2013

7,441

Charge for year

57

At 31 December 2013

7,498

NET BOOK VALUE

At 31 December 2013

172

At 31 December 2012

229

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

1.00

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013 and

31 December 2012:

31.12.13

31.12.12

£

£

Mr S Jones

Balance outstanding at start of year

15,191

14,618

Amounts advanced

7,943

10,251

Amounts repaid

(9,219

)

(9,678

)

Balance outstanding at end of year

13,915

15,191