Liberare Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03934819 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Liberare Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B M Rogers

M J M Rogers

SECRETARY:

M J M Rogers

REGISTERED OFFICE:

18 Hand Court

Bloomsbury

London

WC1V 6JF

REGISTERED NUMBER:

03934819 (England and Wales)

ACCOUNTANTS:

Gorrie Whitson Limited

18 Hand Court

Bloomsbury

London

WC1V 6JF

FIXED ASSETS

Tangible assets

2

3,968

4,510

Investments

3

4,371

4,371

8,339

8,881

CURRENT ASSETS

Debtors

38,674

46,145

Cash at bank

24,182

5,366

62,856

51,511

CREDITORS

Amounts falling due within one year

18,143

46,765

NET CURRENT ASSETS

44,713

4,746

TOTAL ASSETS LESS CURRENT LIABILITIES

53,052

13,627

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

52,052

12,627

SHAREHOLDERS' FUNDS

53,052

13,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 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 28 January 2015 and were signed on its behalf by:

B M Rogers - 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.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

11,185

Additions

782

At 31 March 2014

11,967

DEPRECIATION

At 1 April 2013

6,675

Charge for year

1,324

At 31 March 2014

7,999

NET BOOK VALUE

At 31 March 2014

3,968

At 31 March 2013

4,510

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

and 31 March 2014

4,371

NET BOOK VALUE

At 31 March 2014

4,371

At 31 March 2013

4,371

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1,000

Ordinary

£1

1,000

1,000