Abbreviated Company Accounts - CETUS SOLUTIONS LIMITED

CETUS SOLUTIONS LIMITED - Company Information

Registered Number 04433973

CETUS SOLUTIONS LIMITED

Abbreviated Accounts

30 September 2016

CETUS SOLUTIONS LIMITED Registered Number 04433973

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	136,400	171,400
Tangible assets	3	64,900	58,350
		201,300	229,750
Current assets
Debtors		1,341,819	1,820,840
Cash at bank and in hand		1,340,435	605,590
		2,682,254	2,426,430
Creditors: amounts falling due within one year		(1,686,739)	(1,576,311)
Net current assets (liabilities)		995,515	850,119
Total assets less current liabilities		1,196,815	1,079,869
Total net assets (liabilities)		1,196,815	1,079,869
Capital and reserves
Called up share capital		88	88
Share premium account		29,980	29,980
Other reserves		22	22
Profit and loss account		1,166,725	1,049,779
Shareholders' funds		1,196,815	1,079,869

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 7 December 2016

And signed on their behalf by:
M English, Director

CETUS SOLUTIONS LIMITED Registered Number 04433973

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year

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

Plant and Machinery - 25% on written down value

2Intangible fixed assets

	£
Cost
At 1 October 2015	350,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	350,000
Amortisation
At 1 October 2015	178,600
Charge for the year	35,000
On disposals	-
At 30 September 2016	213,600
Net book values
At 30 September 2016	136,400
At 30 September 2015	171,400

3Tangible fixed assets

	£
Cost
At 1 October 2015	192,510
Additions	24,991
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	217,501
Depreciation
At 1 October 2015	134,160
Charge for the year	18,441
On disposals	-
At 30 September 2016	152,601
Net book values
At 30 September 2016	64,900
At 30 September 2015	58,350