Precept CS Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07311462 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Precept CS Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs H Martin - Luce

SECRETARY:

A N Martin - Luce

REGISTERED OFFICE:

Hadley

8 Dane Close

Hartlip

Kent

ME9 7TN

REGISTERED NUMBER:

07311462 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

420

Tangible assets

2

315

CURRENT ASSETS

30,392

Debtors

13,864

-

Prepayments and accrued income

2,000

2,335

Cash at bank

229

32,727

16,093

CREDITORS

17,733

Amounts falling due within one year

9,339

14,994

NET CURRENT ASSETS

6,754

15,414

TOTAL ASSETS LESS CURRENT LIABILITIES

7,069

84

PROVISIONS FOR LIABILITIES

63

15,330

NET ASSETS

7,006

CAPITAL AND RESERVES

1

Called up share capital

3

1

15,329

Profit and loss account

7,005

15,330

SHAREHOLDERS' FUNDS

7,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 June 2016 and were signed by:

Mrs H Martin - Luce - 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 January 2015).

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

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 October 2014

and 30 September 2015

560

DEPRECIATION

At 1 October 2014

140

Charge for year

105

At 30 September 2015

245

NET BOOK VALUE

At 30 September 2015

315

At 30 September 2014

420

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

1

Ordinary

£1

1

1