2c Design Consultants Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05014143 (England and Wales)

2C DESIGN CONSULTANTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

C Hewitt

SECRETARY:

Mrs R M Hewitt

REGISTERED OFFICE:

78 Tenter Road

Moulton Park

Northampton

Northamptonshire

NN3 6AX

REGISTERED NUMBER:

05014143 (England and Wales)

ACCOUNTANTS:

Haines Watts Northamptonshire Limited

78 Tenter Road

Moulton Park

Northampton

Northamptonshire

NN3 6AX

FIXED ASSETS

Tangible assets

2

1,927

147

CURRENT ASSETS

Stocks

5,000

Debtors

62,051

19,925

Cash at bank

27,295

22,163

94,346

47,088

CREDITORS

Amounts falling due within one year

3

51,486

31,642

NET CURRENT ASSETS

42,860

15,446

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,787

15,593

CREDITORS

Amounts falling due after more than one
year

3

-

4,455

NET ASSETS

44,787

11,138

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

44,687

11,038

SHAREHOLDERS' FUNDS

44,787

11,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 23 September 2016 and were signed by:

C Hewitt - 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.

Turnover is recognised on completion of service.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

33% on cost and 20% on cost

Motor vehicles

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 January 2015

42,044

Additions

2,764

At 31 December 2015

44,808

DEPRECIATION

At 1 January 2015

41,897

Charge for year

984

At 31 December 2015

42,881

NET BOOK VALUE

At 31 December 2015

1,927

At 31 December 2014

147

3.

CREDITORS

Creditors include an amount of £ 4,455 (2014 - £ 12,372 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100