Summit Technology Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07166596 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2016

for

Summit Technology Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N J Hastings

Mrs J C Hastings

SECRETARY:

Mrs J C Hastings

REGISTERED OFFICE:

14 Park Lane

Fen Drayton

Cambridge

Cambridgeshire

CB24 4SW

REGISTERED NUMBER:

07166596 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,254

460

CURRENT ASSETS

Debtors

22,729

7,500

Cash at bank

237,197

291,462

259,926

298,962

CREDITORS

Amounts falling due within one year

71,177

94,372

NET CURRENT ASSETS

188,749

204,590

TOTAL ASSETS LESS CURRENT
LIABILITIES

190,003

205,050

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

190,000

205,047

SHAREHOLDERS' FUNDS

190,003

205,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 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 18 September 2016 and were signed on its behalf by:

N J Hastings - 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.

Office equipment

-

20% 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.

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 March 2015

3,725

Additions

1,325

At 28 February 2016

5,050

DEPRECIATION

At 1 March 2015

3,265

Charge for year

531

At 28 February 2016

3,796

NET BOOK VALUE

At 28 February 2016

1,254

At 28 February 2015

460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

1

Ordinary B Non Voting

£1

1

3