Company Registration No. 04943427 (England and Wales)
C2-UK COMMUNICATIONS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
C2-UK COMMUNICATIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
C2-UK COMMUNICATIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2016
30 November 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
13,757
18,343
Current assets
Stocks
40,000
4,000
Debtors
84,969
147,603
Cash at bank and in hand
18,749
-
143,718
151,603
Creditors: amounts falling due within one year
(124,835)
(122,179)
Net current assets
18,883
29,424
Total assets less current liabilities
32,640
47,767
Creditors: amounts falling due after more than one year
(30,000)
(30,000)
Provisions for liabilities
(1,933)
(2,670)
707
15,097
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
705
15,095
Shareholders' funds
707
15,097
C2-UK COMMUNICATIONS LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2016
30 November 2016
- 2 -
For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 11 August 2017
Mr S P Hodgson
Director
Company Registration No. 04943427
C2-UK COMMUNICATIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Turnover is recognised at the point the goods and services have been invoiced.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% reduced balance
Motor vehicles
20% straight line
1.4
Stock
Stock is valued at the lower of cost and net realisable value.
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2015 & at 30 November 2016
65,621
Depreciation
At 1 December 2015
44,820
Charge for the year
7,044
At 30 November 2016
51,864
Net book value
At 30 November 2016
13,757
At 30 November 2015
18,343
C2-UK COMMUNICATIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 4 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
4
Related party relationships and transactions
Advances and credits granted to the directors during the year are outlined in the table below:
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr P R Howland - Loan
-
31,908
-
8,052
23,856
31,908
-
-
8,052
23,856