Capital Options Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06071810 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Capital Options Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

G B Eccleston

SECRETARY:

Miss R J Blackburn

REGISTERED OFFICE:

T A Gittins & Company

61 King Street

Wrexham

WREXHAM

LL11 1HR

REGISTERED NUMBER:

06071810 (England and Wales)

ACCOUNTANTS:

T.A. Gittins & Company

Chartered Accountants,

61 King Street

Wrexham

LL11 1HR

FIXED ASSETS

Intangible assets

2

50,000

50,000

Tangible assets

3

4,378

4,322

54,378

54,322

CURRENT ASSETS

Debtors

6,044

2,110

Cash at bank

11,901

17,980

17,945

20,090

CREDITORS

Amounts falling due within one year

27,559

32,251

NET CURRENT LIABILITIES

(9,614

)

(12,161

)

TOTAL ASSETS LESS CURRENT LIABILITIES

44,764

42,161

CREDITORS

Amounts falling due after more than one year

-

1,694

NET ASSETS

44,764

40,467

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

44,763

40,466

SHAREHOLDERS' FUNDS

44,764

40,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 November 2014 and were signed by:

G B Eccleston - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

50,000

NET BOOK VALUE

At 31 March 2014

50,000

At 31 March 2013

50,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

9,496

Additions

1,216

At 31 March 2014

10,712

DEPRECIATION

At 1 April 2013

5,174

Charge for year

1,160

At 31 March 2014

6,334

NET BOOK VALUE

At 31 March 2014

4,378

At 31 March 2013

4,322

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

1.00

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 March 2014 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

T.A. Gittins & Company

Chartered Accountants,

61 King Street

Wrexham

LL11 1HR

Date: 12th November 2014