Call Centre Associates Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 03781234 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

CALL CENTRE ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A G Mistry

B D C Brown

D J Rumble

SECRETARY:

B D C Brown

REGISTERED OFFICE:

Bath House

6-8 Bath Street

Redcliffe

Bristol

BS1 6HL

REGISTERED NUMBER:

03781234 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

Bath House

6-8 Bath Street

Bristol

BS1 6HL

FIXED ASSETS

Tangible assets

2

-

844

CURRENT ASSETS

Debtors

217,672

85,946

Cash at bank

63,327

34,308

280,999

120,254

CREDITORS

Amounts falling due within one year

240,377

162,567

NET CURRENT ASSETS/(LIABILITIES)

40,622

(42,313

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

40,622

(41,469

)

CREDITORS

Amounts falling due after more than one
year

80,000

-

NET LIABILITIES

(39,378

)

(41,469

)

CAPITAL AND RESERVES

Called up share capital

3

33,000

Profit and loss account

(72,378

)

(74,469

)

SHAREHOLDERS' FUNDS

(39,378

)

(41,469

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 and authorised for issue by the Board of Directors on 6 September 2016 and
were signed on its behalf by:

A G Mistry - Director

D J Rumble - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared on a going concern basis despite the company having net liabilities

totalling £39,378 (2015 - current liabilities of £42,313 and net liabilities of £41,469). RAM Capital

Investments Limited has agreed to continue to provide financial support to the company at least the next

twelve months. On this basis, the directors believe the company will continue to meet its liabilities as they fall

due and the preparation of the accounts on a going concern basis is appropriate. The financial statements

contain no adjustments that would be necessary if this were not the case.

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 commissions earned in respect of personnel placements. Income is recognised at the point

at which the candidate commences formal employment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset less residual value over

its estimated useful life.

Office equipment - 25% on reducing balance

Fixtures and fittings - 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 where transactions or events have occurred at that date that will result in an obligation to

pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not

that there will be suitable taxable profits from which the future reversal of the underlying timing differences

can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance

sheet date.

Hire purchase and leasing commitments

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

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

85,233

DEPRECIATION

At 1 April 2015

84,389

Charge for year

844

At 31 March 2016

85,233

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

844

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

33,000

Ordinary

£1

33,000

4.	ULTIMATE PARENT COMPANY

RAM Capital Investments Ltd is regarded by the directors as being the company's ultimate parent company.