CIELivestock Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09922986 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 18 December 2015 to 31 March 2017

for

CIELivestock Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

T M Bennett

F C Fell

C J Henning

A J Hunter

U Lavery

N C Major

S F Throup

REGISTERED OFFICE:

Centre for Innovation Excellence

York Park, IT Centre

Innovation Way, Heslington

York

YO10 5NP

REGISTERED NUMBER:

09922986 (England and Wales)

ACCOUNTANTS:

Max Accountants Ltd

Suite 7

Unit 16A, Oakham Enterprise Park

Ashwell Road

Oakham

Rutland

LE15 7TU

FIXED ASSETS

Tangible assets

2

398,746

CURRENT ASSETS

Debtors

3

26,326,809

Cash at bank

4,841,730

31,168,539

CREDITORS

Amounts falling due within one year

11,257,855

NET CURRENT ASSETS

19,910,684

TOTAL ASSETS LESS CURRENT LIABILITIES

20,309,430

CREDITORS

Amounts falling due after more than one year

(20,307,078

)

PROVISIONS FOR LIABILITIES

(2,997

)

NET LIABILITIES

(645

)

RESERVES

Income and expenditure account

(645

)

(645

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 surplus or deficit 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 Board of Directors on 3 September 2017 and were signed on its behalf by:

T M Bennett - 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 January 2015).

Turnover

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

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

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

405,018

At 31 March 2017

405,018

DEPRECIATION

Charge for period

6,272

At 31 March 2017

6,272

NET BOOK VALUE

At 31 March 2017

398,746

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 18,279,985

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

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

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2017 set out on pages nil to nil 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.

Max Accountants Ltd

Suite 7

Unit 16A, Oakham Enterprise Park

Ashwell Road

Oakham

Rutland

LE15 7TU

Date: .............................................