12Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09010477 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

12CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J M Goble

REGISTERED OFFICE:

15 Constance Street

Buckingham

Buckinghamshire

MK18 7RH

REGISTERED NUMBER:

09010477 (England and Wales)

ACCOUNTANTS:

IJC Accounting & Taxation Services Limited

Chartered Certified Accountants

4 Centenary Road

Middleton Cheney

Nr Banbury

Northamptonshire

OX17 2SJ

FIXED ASSETS

Tangible assets

2

1,097

1,030

CURRENT ASSETS

Debtors

213

164

Cash at bank

43,757

67,578

43,970

67,742

CREDITORS

Amounts falling due within one year

448

15,550

NET CURRENT ASSETS

43,522

52,192

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,619

53,222

PROVISIONS FOR LIABILITIES

-

206

NET ASSETS

44,619

53,016

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

44,519

52,916

SHAREHOLDERS' FUNDS

44,619

53,016

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 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 19 December 2016 and were signed by:

A J M Goble - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding 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.

Office Equipment

-

33% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,537

Additions

607

At 31 March 2016

2,144

DEPRECIATION

At 1 April 2015

507

Charge for year

540

At 31 March 2016

1,047

NET BOOK VALUE

At 31 March 2016

1,097

At 31 March 2015

1,030

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100