Abbreviated Company Accounts - CLEARTONE COMMUNICATIONS U.K. LIMITED

CLEARTONE COMMUNICATIONS U.K. LIMITED - Company Information

Registered Number 05950183

CLEARTONE COMMUNICATIONS U.K. LIMITED

Abbreviated Accounts

30 September 2016

CLEARTONE COMMUNICATIONS U.K. LIMITED Registered Number 05950183

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,444	4,300
		4,444	4,300
Current assets
Cash at bank and in hand		17,033	52,441
		17,033	52,441
Creditors: amounts falling due within one year		(6,851)	(14,178)
Net current assets (liabilities)		10,182	38,263
Total assets less current liabilities		14,626	42,563
Total net assets (liabilities)		14,626	42,563
Capital and reserves
Called up share capital		2	2
Profit and loss account		14,624	42,561
Shareholders' funds		14,626	42,563

For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 November 2016

And signed on their behalf by:
Mr Andrew Durkan, Director

CLEARTONE COMMUNICATIONS U.K. LIMITED Registered Number 05950183

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
a) 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)

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 (expect as otherwise stated).

Turnover policy
Turnover represents amount receivable for goods and services, net of VAT and trade discounts

Tangible assets depreciation policy
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

Plant and machinery 25% on cost
Fixtures, fittings & equipment 25% on cost

2Tangible fixed assets

	£
Cost
At 1 October 2015	5,874
Additions	192
Disposals	(426)
Revaluations	-
Transfers	-
At 30 September 2016	5,640
Depreciation
At 1 October 2015	1,574
Charge for the year	48
On disposals	(426)
At 30 September 2016	1,196
Net book values
At 30 September 2016	4,444
At 30 September 2015	4,300