Critical Publics Limited - Accounts to registrar - small 16.3d

Critical Publics Limited - Accounts to registrar - small 16.3d

CRITICAL PUBLICS LIMITED - Company Information

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IRIS Accounts Production v16.3.0.987 04301637 Mr. T Antoniadis Board of Directors Ms A Kalliani Board of Directors Mr G Argentopoulos Board of Directors 1.1.16 31.12.16 31.12.16 true false true false false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure043016372015-12-31043016372016-12-31043016372016-01-012016-12-31043016372014-12-31043016372015-01-012015-12-31043016372015-12-3104301637ns15:EnglandWales2016-01-012016-12-3104301637ns14:PoundSterling2016-01-012016-12-3104301637ns10:Director12016-01-012016-12-3104301637ns10:Director22016-01-012016-12-3104301637ns10:Director32016-01-012016-12-3104301637ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3104301637ns10:SmallEntities2016-01-012016-12-3104301637ns10:AuditExempt-NoAccountantsReport2016-01-012016-12-3104301637ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3104301637ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3104301637ns10:AbridgedAccounts2016-01-012016-12-310430163712016-01-012016-12-3104301637ns10:CompanySecretary12016-01-012016-12-3104301637ns10:RegisteredOffice2016-01-012016-12-3104301637ns5:CurrentFinancialInstruments2016-12-3104301637ns5:CurrentFinancialInstruments2015-12-3104301637ns5:ShareCapital2016-12-3104301637ns5:ShareCapital2015-12-3104301637ns5:SharePremium2016-12-3104301637ns5:SharePremium2015-12-3104301637ns5:RetainedEarningsAccumulatedLosses2016-12-3104301637ns5:RetainedEarningsAccumulatedLosses2015-12-3104301637ns5:ComputerSoftware2016-01-012016-12-3104301637ns5:LandBuildingsns5:ShortLeaseholdAssets2016-01-012016-12-3104301637ns5:FurnitureFittings2016-01-012016-12-3104301637ns5:ComputerEquipment2016-01-012016-12-31
REGISTERED NUMBER: 04301637 (England and Wales)















Financial Statements

for the Year Ended 31 December 2016

for

Critical Publics Limited

Critical Publics Limited (Registered number: 04301637)

Contents of the Financial Statements
for the year ended 31 December 2016










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Critical Publics Limited

Company Information
for the year ended 31 December 2016







DIRECTORS: Mr. T Antoniadis
Ms A Kalliani
Mr G Argentopoulos





SECRETARY: Clyde Secretaries Ltd





REGISTERED OFFICE: The St Botoloph Building
138 Houndsditch
London
EC3A 7AR





REGISTERED NUMBER: 04301637 (England and Wales)





ACCOUNTANTS: KBMD Limited
Chartered Certified Accountants
& Registered Auditors
Maple House
382 Kenton Road
Harrow
Middlesex
HA3 9DP
Page 1
Critical Publics Limited (Registered number: 04301637)

Abridged Balance Sheet
31 December 2016

2016 2015
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 37,918
Tangible assets 5 8,351 6,664
Investments 6 17,926 17,926
26,277 62,508

CURRENT ASSETS
Debtors 277,226 323,537
Cash at bank and in hand 77,179 84,195
354,405 407,732
CREDITORS
Amounts falling due within one year (99,953 ) (189,740 )
NET CURRENT ASSETS 254,452 217,992
TOTAL ASSETS LESS CURRENT
LIABILITIES
280,729
280,500

CAPITAL AND RESERVES
Called up share capital 120 120
Share premium 85,835 85,835
Retained earnings 194,774 194,545
SHAREHOLDERS' FUNDS 280,729 280,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
Critical Publics Limited (Registered number: 04301637)

Abridged Balance Sheet - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 23 March 2017 and were signed on its behalf by:




Mr. T Antoniadis - Director Ms A Kalliani - Director




Mr G Argentopoulos - Director


The notes form part of these financial statements

Page 3
Critical Publics Limited (Registered number: 04301637)

Notes to the Financial Statements
for the year ended 31 December 2016


1. STATUTORY INFORMATION

Critical Publics Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Computer software
Computer software was depreciated over a two year period, being fully depreciated by 31st December 2016.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over the life of the lease
Fixtures and fittings - 25% on cost
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

Page 4 continued...
Critical Publics Limited (Registered number: 04301637)

Notes to the Financial Statements - continued
for the year ended 31 December 2016


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2016
and 31 December 2016 166,219
AMORTISATION
At 1 January 2016 128,301
Amortisation for year 37,918
At 31 December 2016 166,219
NET BOOK VALUE

At 31 December 2016 -
At 31 December 2015 37,918

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2016 40,612
Additions 4,355
At 31 December 2016 44,967
DEPRECIATION
At 1 January 2016 33,948
Charge for year 2,668
At 31 December 2016 36,616
NET BOOK VALUE
At 31 December 2016 8,351
At 31 December 2015 6,664

Page 5 continued...
Critical Publics Limited (Registered number: 04301637)

Notes to the Financial Statements - continued
for the year ended 31 December 2016


6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2016
and 31 December 2016 17,926
NET BOOK VALUE
At 31 December 2016 17,926
At 31 December 2015 17,926

7. RELATED PARTY

The related party balance consists of loans totalling £188,826 (2015: £166,933) made to Critical Publics Athens
(a company incorporated in Greece), in which Critical Publics Limited is a 100% shareholder.

Page 6