Techanability Consulting Limited - Limited company accounts 11.6

REGISTERED NUMBER: 08215680 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2014

for

Techanability Consulting Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

R Horton

SECRETARY:

Mrs J A Horton

REGISTERED OFFICE:

210 Whalley Road

Clitheroe

Lancashire

BB7 1HT

REGISTERED NUMBER:

08215680 (England and Wales)

ACCOUNTANTS:

Orange Genie Freelancer Services Ltd

Buckingham House

Buckingham Street

Aylesbury

HP20 2LA

The director presents his report with the financial statements of the company for the year ended 30 September 2014.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of IT Consultancy.

DIRECTOR

R Horton held office during the whole of the period from 1 October 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

R Horton - Director

21 January 2015

TURNOVER

68,550

65,639

Administrative expenses

33,147

21,881

OPERATING PROFIT

2

35,403

43,758

Interest receivable and similar income

52

1

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

35,455

43,759

Tax on profit on ordinary activities

3

7,091

8,764

PROFIT FOR THE FINANCIAL YEAR

28,364

34,995

CURRENT ASSETS

Cash at bank

10,560

13,534

CREDITORS

Amounts falling due within one year

5

9,245

11,057

NET CURRENT ASSETS

1,315

2,477

TOTAL ASSETS LESS CURRENT LIABILITIES

1,315

2,477

CAPITAL AND RESERVES

Called up share capital

6

10

10

Profit and loss account

7

1,305

2,467

SHAREHOLDERS' FUNDS

1,315

2,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 21 January 2015 and were signed by:

R Horton - 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 April 2008).

Turnover

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

Deferred tax

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

sheet date.

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.	OPERATING PROFIT

The operating profit is stated after charging:

Period

14.9.12

Year Ended

to

30.9.14

30.9.13

£

£

Formation costs

-

60

Pension costs

2,400

1,000

Director's remuneration and other benefits etc

11,962

5,400

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

Period

14.9.12

Year Ended

to

30.9.14

30.9.13

£

£

Current tax:

UK corporation tax

7,091

8,764

Tax on profit on ordinary activities

7,091

8,764

4.

DIVIDENDS

Period

14.9.12

Year Ended

to

30.9.14

30.9.13

£

£

Ordinary shares of 10 each

Interim

29,526

32,528

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.14

30.9.13

£

£

Tax

7,091

8,763

Social security and other taxes

288

45

VAT

1,772

2,035

Directors' current accounts

94

214

9,245

11,057

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

10

Ordinary

10

10

10

7.

RESERVES

Profit

and loss

account

£

At 1 October 2013

2,467

Profit for the year

28,364

Dividends

(29,526

)

At 30 September 2014

1,305

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R Horton.

The ultimate controlling party is R Horton.