Micro-entity Accounts - CONCEPTUAL HOLDING LIMITED

CONCEPTUAL HOLDING LIMITED - Company Information

06308211 CONCEPTUAL HOLDING LIMITED 2016-12-31 false 2016-01-01 2016-12-31 true 06308211 2016-01-01 2016-12-31 06308211 2016-12-31 06308211 2015-12-31 06308211 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 06308211 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 06308211 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 iso4217:GBP shares

Registered Number 06308211

CONCEPTUAL HOLDING LIMITED

Micro-entity Accounts

31 December 2016

CONCEPTUAL HOLDING LIMITED Registered Number 06308211

Micro-entity Balance Sheet as at 31 December 2016

	2016	2015
	£	£
Current Assets	43,743	73,583
Creditors: amounts falling due within one year	-	(14,822)
Net current assets (liabilities)	43,743	58,761
Total assets less current liabilities	43,743	58,761
Creditors: amounts falling due after more than one year	(7,426,889)	(7,426,889)
Total net assets (liabilities)	(7,383,146)	(7,368,128)
Capital and reserves	(7,383,146)	(7,368,128)

For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 August 2017

And signed on their behalf by:
Alfonso Ortega Sanchez, Director

CONCEPTUAL HOLDING LIMITED Registered Number 06308211

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Valuation information and policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.