Secret Attic Software Limited - Period Ending 2015-09-30

Registration number: 08199250

Secret Attic Software Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

AIMS Accountants for Business
Fillybrook House
8 The Fillybrooks
Stone
ST15 0DJ

Secret Attic Software Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Secret Attic Software Limited
for the Year Ended 30 September 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Secret Attic Software Limited for the year ended 30 September 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Secret Attic Software Limited, as a body, in accordance with the terms of our engagement letterdated 29 March 2015. Our work has been undertaken solely to prepare for your approval the accounts of Secret Attic Software Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Secret Attic Software Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Secret Attic Software Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Secret Attic Software Limited. You consider that Secret Attic Software Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Secret Attic Software Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

AIMS Accountants for Business
Fillybrook House
8 The Fillybrooks
Stone
ST15 0DJ

15 June 2016

Page 1

Secret Attic Software Limited
(Registration number: 08199250)
Abbreviated Balance Sheet at 30 September 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					1,799			822
Current assets
Debtors					6,046			146
Cash at bank and in hand					51,051			24,779
					57,097			24,925
Creditors: Amounts falling due within one year					(44,977)			(7,839)
Net current assets					12,120			17,086
Net assets					13,919			17,908
Capital and reserves
Called up share capital		3			2			1
Profit and loss account					13,917			17,907
Shareholders' funds					13,919			17,908

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 director acknowledges his 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 director on 15 June 2016

.........................................
Dr David White
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Secret Attic Software Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 3

Secret Attic Software Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2014		1,097			1,097
Additions		1,667			1,667
At 30 September 2015		2,764			2,764
Depreciation
At 1 October 2014		275			275
Charge for the year		690			690
At 30 September 2015		965			965
Net book value
At 30 September 2015		1,799			1,799
At 30 September 2014		822			822

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			1			1

Page 4