The Company Centre Limited - Accounts to registrar (filleted) - small 18.2

THE COMPANY CENTRE LIMITED

Financial Statements

for the Year Ended 31 March 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

P D H Simmons

A M Bodkin

Registered office:

c/o Haines Watts

Sterling House

177-181 Farnham Road

Slough

Berkshire

SL1 4XP

Registered number:

03912848 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Sterling House

177-181 Farnham Road

Slough

Berkshire

SL1 4XP

Current assets

Debtors

6

23,695

29,155

Investments

7

10

10

Prepayments and accrued income

1,000

-

Cash at bank

6,260

7,723

30,965

36,888

Creditors

Amounts falling due within one year

8

30,470

35,997

Net current assets

495

891

Total assets less current liabilities

495

891

Capital and reserves

Called up share capital

100

100

Retained earnings

395

791

Shareholders' funds

495

891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 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 Board of Directors on 20 November 2018 and were signed on its behalf by:

P D H Simmons - Director

1.	Statutory information

The Company Centre 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.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the

year, exclusive of Value Added Tax and trade discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets and amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the

useful economic life of that asset as follows:

Intellectual Property - Over 4 Years

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

-

25% on cost

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 profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 3 (2017 - 3 ) .

4.	Intangible fixed assets

Development

costs

£

Cost

At 1 April 2017

and 31 March 2018

20,183

Amortisation

At 1 April 2017

and 31 March 2018

20,183

Net book value

At 31 March 2018

-

At 31 March 2017

-

5.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 April 2017

and 31 March 2018

2,681

Depreciation

At 1 April 2017

and 31 March 2018

2,681

Net book value

At 31 March 2018

-

At 31 March 2017

-

6.

Debtors: amounts falling due within one year

2018

2017

£

£

Trade debtors

14,655

19,949

VAT

-

8,373

Prepayments and accrued income

9,040

833

23,695

29,155

7.	Current asset investments

2018

2017

£

£

Unlisted investments

10

10

8.

Creditors: amounts falling due within one year

2018

2017

£

£

Trade creditors

700

240

Tax

16,700

16,700

Social security and other taxes

3,631

-

VAT

4,746

-

Other creditors

4,693

557

Accruals and deferred income

-

18,500

30,470

35,997