Cloudspec Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08777978 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

CLOUDSPEC LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss D F Isaac

A E Maddocks

SECRETARY:

Miss D F Isaac

REGISTERED OFFICE:

145-157 St John Street

London

EC1V 4PW

REGISTERED NUMBER:

08777978 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

1,580

Tangible assets

2

5,648

CURRENT ASSETS

34,371

Debtors

-

408

Cash at bank

53,891

34,779

53,891

CREDITORS

21,375

Amounts falling due within one year

57,763

13,404

NET CURRENT (LIABILITIES)/ASSETS

(3,872

)

14,984

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,776

-

PROVISIONS FOR LIABILITIES

1,130

14,984

NET ASSETS

646

CAPITAL AND RESERVES

200

Called up share capital

3

200

14,784

Profit and loss account

446

14,984

SHAREHOLDERS' FUNDS

646

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 8 March 2016 and were signed on its behalf by:

A E Maddocks - 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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 December 2014

2,088

Additions

5,290

At 30 November 2015

7,378

DEPRECIATION

At 1 December 2014

508

Charge for year

1,222

At 30 November 2015

1,730

NET BOOK VALUE

At 30 November 2015

5,648

At 30 November 2014

1,580

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

200

Ordinary

£1

200