Core Accounting Services Ltd - Abbreviated accounts

Registered number

07682620

Core Accounting Services Ltd

Abbreviated Accounts

30 June 2016

Core Accounting Services Ltd
Registered number:		07682620
Abbreviated Balance Sheet
as at 30 June 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		-			5,250
Tangible assets	3		1,395			3,603
			1,395			8,853

Current assets
Debtors		8,570			4,063
Cash at bank and in hand		1,177			7,379
		9,747			11,442

		(10,067)			(20,884)

Net current liabilities			(320)			(9,442)

Net assets/(liabilities)			1,075			(589)

Capital and reserves
Called up share capital	4		300			300
Profit and loss account			775			(889)

Shareholders' funds			1,075			(589)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.



R Hale
Director
Approved by the board on 3 December 2016

Core Accounting Services Ltd
Notes to the Abbreviated Accounts
for the year ended 30 June 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 goods provided to customers and work carried out in respect of services provided to customers.

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

	Plant and machinery			20% Reducing balance
	#REF!			#REF!


2	Intangible fixed assets					£

	Cost
	At 1 July 2015					41,000
	Disposals					21,000
	At 30 June 2016					62,000

	Amortisation
	At 1 July 2015					35,750
	Provided during the year					5,250
	On disposals					21,000
	At 30 June 2016					62,000

	Net book value
	At 30 June 2016					-
	At 30 June 2015					5,250


3	Tangible fixed assets					£

	Cost
	At 1 July 2015					4,184
	Additions					719
	Disposals					(2,735)
	At 30 June 2016					2,168

	Depreciation
	At 1 July 2015					581
	Charge for the year					465
	On disposals					(273)
	At 30 June 2016					773

	Net book value
	At 30 June 2016					1,395
	At 30 June 2015					3,603


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary, A , B shares	£1 each		300		300		300