Accounts filed on 30-06-2016


Registered number: 05152781






Charitas Communications Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/06/2016
























Prepared By:
Allan G Hill & Partners
Chenies
Okewood Hill
Nr Ockley, Dorking
Surrey
RH5 5NB


Charitas Communications Limited


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05152781


Registered Number: 05152781

BALANCE SHEET AT 30/06/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Investments	3		1		1

CURRENT ASSETS
Debtors (amounts falling due within one year)	4	184,883		157,094
Cash at bank and in hand		22,566		1,974
		207,449		159,068
CREDITORS: Amounts falling due within one year		9,135		11,208
NET CURRENT ASSETS			198,314		147,860
TOTAL ASSETS LESS CURRENT LIABILITIES			198,315		147,861

CAPITAL AND RESERVES

Called up share capital	5		130		117
Share premium account			221,361		169,990
Profit and loss account			(23,176)		(22,246)
SHAREHOLDERS' FUNDS			198,315		147,861

For the year ending 30/06/2016 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 28/03/2017 and signed on their behalf by




Jolyon Charles Edwardes
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Going Concern
The company was insolvent at the balance sheet date, excluding the Share Premium Account. This is in accordance with expectation as the development phase of the subsidiary company continues for the immediate future. If the company was to be valued on a break up basis, the Directors believe it unlikely that there would be any financial adjustment.




1d. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.




1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




3. INVESTMENT FIXED ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 01/07/2015	1	1
At 30/06/2016	1	1
Amortisation
Net Book Amounts
At 30/06/2016	1	1
At 30/06/2015	1	1
The company's investment represents a 100% holding in Good Connection Limited, a wholly owned subsidiary. This company's business is that of an internet-based ethical social network site. The aggregate capital and reserves as at 31/01/16 were £(130,098), 31/01/15 £(144,409). The profit/(loss) for the year to 31/01/16 was £14,311, 31/01/15 £(18,052).




4. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
VAT	1,060	899
Other debtors	183,823	156,195
	184,883	157,094




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 A Ordinary shares of £0.0001 each	0.01	0.01
1296392 B Ordinary shares of £0.0001 each	129.64	116.99
	130	117

130735 B Ordinary shares of £0.0001 each	13.07	1.57




6. RELATED PARTY TRANSACTIONS
The company wholly owns a subsidiary company named Good Connection Limited. This company requires ongoing financial support during its development phase which is expected to continue for a further year or more. Charitas Communications Limited is owed £181,958 (2014 - £156,195) by this subsidiary company as shown within Other Debtors.




7. CONTROLLING PARTY
The company was controlled throughout the year by its Director, Mr J C Edwardes, by virtue of his ownership of the majority of the voting ordinary share capital.