Comcrux Infobasics Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05319065 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2017

for

Comcrux Infobasics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D S Sachdev

SECRETARY:

Mrs S K Sachdev

REGISTERED OFFICE:

2nd Floor Heron House

109 Wembley Hill Road

Wembley

Middlesex

HA9 8DA

REGISTERED NUMBER:

05319065 (England and Wales)

ACCOUNTANTS:

S. Syedain & Co

Chartered Accountants

Heron House, 2nd Floor

109 Wembley Hill Road

Wembley

Middlesex

HA9 8DA

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

-

373

Cash at bank

15,385

16,605

15,385

16,978

CREDITORS

Amounts falling due within one year

6

9,596

(814

)

NET CURRENT ASSETS

5,789

17,792

TOTAL ASSETS LESS CURRENT LIABILITIES

5,790

17,793

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

5,788

17,791

SHAREHOLDERS' FUNDS

5,790

17,793

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 28th December 2017 and were signed by:

D S Sachdev - Director

1.	STATUTORY INFORMATION

Comcrux Infobasics 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.

This year is the first year that the accounts have been prepared under FRS 102 1A. There were

no transitional adjustments that were required as a result of the transition.

Tangible fixed assets

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

Computer Equipment

-

20% 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 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 NIL.

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

£

COST

At 1st April 2016

and 31st March 2017

400

DEPRECIATION

At 1st April 2016

and 31st March 2017

399

NET BOOK VALUE

At 31st March 2017

1

At 31st March 2016

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other Debtors

-

373

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Tax

-

(1,203

)

Social security and other taxes

(1,633

)

(1,633

)

Proposed dividends

10,000

-

Directors' current accounts

736

733

Accrued expenses

493

1,289

9,596

(814

)

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31st March 2017 and 31st March 2016:

31.3.17

31.3.16

£

£

D S Sachdev

Balance outstanding at start of year

733

733

Amounts advanced

3

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

736

733