C-LEVEL_LIMITED - Accounts

C-LEVEL LIMITED - Company Information

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Company Registration No. 03923003 (England and Wales)

C-LEVEL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

C-LEVEL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

C-LEVEL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

134

Current assets

Debtors

64,887

63,985

Cash at bank and in hand

19,590

17,777

84,477

81,762

Creditors: amounts falling due within one year

(32,565)

(42,619)

Net current assets

51,912

39,143

Total assets less current liabilities

51,912

39,277

Capital and reserves

Called up share capital

Profit and loss account

51,907

39,272

Shareholders' funds

51,912

39,277

For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 November 2016

Mr S P Edwards

Director

Company Registration No. 03923003

C-LEVEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts and is recognised upon performance of the service.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% straight line

Fixtures, fittings & equipment

20% straight line

1.5

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

Fixed assets

Tangible assets

Cost

At 1 March 2015 & at 28 February 2016

5,204

Depreciation

At 1 March 2015

5,069

Charge for the year

135

At 28 February 2016

5,204

Net book value

At 28 February 2016

At 28 February 2015

134

C-LEVEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

5 Ordinary shares of £1 each