Fourteen5 Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06703266 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Fourteen5 Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Vince

Ms D Cullen

SECRETARY:

REGISTERED OFFICE:

The Woodbines

Fingrith Hall Road

Blackmore

Ingatestone

CM4 0RU

REGISTERED NUMBER:

06703266 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

12th Floor

30 Crown Place

London

EC2A 2AL

FIXED ASSETS

Tangible assets

2

727

727

CURRENT ASSETS

Debtors

48,675

33,795

Cash at bank

140,801

175,681

189,476

209,476

CREDITORS

Amounts falling due within one year

56,018

63,490

NET CURRENT ASSETS

133,458

145,986

TOTAL ASSETS LESS CURRENT LIABILITIES

134,185

146,713

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

134,085

146,613

SHAREHOLDERS' FUNDS

134,185

146,713

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 directors acknowledge their 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 Board of Directors on 28 June 2016 and were signed on its behalf by:

P Vince - 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 services, 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.

Computer equipment

-

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

2,373

DEPRECIATION

At 1 October 2014

and 30 September 2015

1,646

NET BOOK VALUE

At 30 September 2015

727

At 30 September 2014

727

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES