Victus Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04767125 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

FOR

VICTUS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E R Mallorie

Mrs L M Mallorie LLB

SECRETARY:

Mrs L M Mallorie LLB

REGISTERED OFFICE:

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

REGISTERED NUMBER:

04767125 (England and Wales)

ACCOUNTANTS:

Walter Wright

Chartered Accountants

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

FIXED ASSETS

Tangible assets

2

1,389

1,624

CURRENT ASSETS

Debtors

53,026

10,146

Cash at bank

125,933

148,882

178,959

159,028

CREDITORS

Amounts falling due within one year

23,545

57,912

NET CURRENT ASSETS

155,414

101,116

TOTAL ASSETS LESS CURRENT LIABILITIES

156,803

102,740

PROVISIONS FOR LIABILITIES

220

255

NET ASSETS

156,583

102,485

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

156,483

102,385

SHAREHOLDERS' FUNDS

156,583

102,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 12 October 2014 and were signed on its behalf by:

E R Mallorie - 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 April 2008).

Turnover

Turnover represents the sale of services, is recognised on provision of the service and excludes 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.

Plant and machinery etc

-

33% on reducing balance and 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

2,799

Additions

417

Disposals

(314

)

At 31 May 2014

2,902

DEPRECIATION

At 1 June 2013

1,175

Charge for year

590

Eliminated on disposal

(252

)

At 31 May 2014

1,513

NET BOOK VALUE

At 31 May 2014

1,389

At 31 May 2013

1,624

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100