| City Derivatives Ltd |
| Registered number: |
06845504 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Current assets |
| Debtors |
|
|
20,160 |
|
|
15,840 |
| Investments held as current assets |
|
|
- |
|
|
52,128 |
| Cash at bank and in hand |
|
|
34,135 |
|
|
31,911 |
|
|
|
54,295 |
|
|
99,879 |
|
| Creditors: amounts falling due within one year |
|
|
(45,013) |
|
|
(77,023) |
|
| Net current assets |
|
|
|
9,282 |
|
|
22,856 |
|
| Net assets |
|
|
|
9,282 |
|
|
22,856 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
2 |
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
9,279 |
|
|
22,853 |
|
| Shareholders' funds |
|
|
|
9,282 |
|
|
22,856 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S Divall |
| Director |
| Approved by the board on 10 June 2016 |
|
| City Derivatives Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
3 |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
