| CLIENTSFIRST LIMITED |
| Registered number: |
07143834 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,877 |
|
|
3,969 |
|
| Current assets |
| Debtors |
|
|
38,281 |
|
|
30,149 |
| Cash at bank and in hand |
|
|
43,519 |
|
|
23,965 |
|
|
|
81,800 |
|
|
54,114 |
|
| Creditors: amounts falling due within one year |
|
|
(63,298) |
|
|
(38,676) |
|
| Net current assets |
|
|
|
18,502 |
|
|
15,438 |
|
| Total assets less current liabilities |
|
|
|
24,379 |
|
|
19,407 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(14,316) |
|
|
|
| Net assets |
|
|
|
24,379 |
|
|
5,091 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
125 |
|
|
100 |
| Profit and loss account |
|
|
|
24,254 |
|
|
4,991 |
|
| Shareholder's funds |
|
|
|
24,379 |
|
|
5,091 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Jonathan Pittham |
| Director |
| Approved by the board on 1 December 2014 |
|
| CLIENTSFIRST LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line |
|
|
Leasing commitments |
|
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
6,121 |
|
Additions |
4,590 |
|
At 31 March 2014 |
10,711 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
2,152 |
|
Charge for the year |
2,682 |
|
At 31 March 2014 |
4,834 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
5,877 |
|
At 31 March 2013 |
3,969 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
A Ordinary shares |
£1 each |
|
87 |
|
87 |
|
100 |
|
B Ordinary shares |
£1 each |
|
25 |
|
25 |
|
- |
|
C Ordinary shares |
£1 each |
|
13 |
|
13 |
|
|
|
|
|
|
125 |
|
100 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
B Ordinary shares |
£1 each |
|
25 |
|
25 |
|
|
|
|
|
|
|
