Condor Corporation Limited - Abbreviated accounts

Registered number

05867019

Condor Corporation Limited

Abbreviated Accounts

31 July 2016

Condor Corporation Limited
Registered number:		05867019
Abbreviated Balance Sheet
as at 31 July 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		1			1

Current assets
Cash at bank and in hand		16,120			16,227

Creditors: amounts falling due within one year		(25,394)			(24,914)

Net current liabilities			(9,274)			(8,687)

Net liabilities			(9,273)			(8,686)

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			(9,274)			(8,687)

Shareholder's funds			(9,273)			(8,686)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M Patrick
Director
Approved by the board on 25 April 2017

Condor Corporation Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of services provided to clients in the year.

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

	Office equipment and fittings			20% straight line

	Deferred taxation
	Full provision is made for deferred tax liabilities resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred tax assets are recognised to the extent that the directors regard it as more likely than not that they will be recovered. Deferred taxation is calculated on an undiscounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 August 2015					1,720
	At 31 July 2016					1,720

	Depreciation
	At 1 August 2015					1,719
	At 31 July 2016					1,719

	Net book value
	At 31 July 2016					1
	At 31 July 2015					1


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary share	£1		1		1		1