Company Registration No. 05051585 (England and Wales)
CAMPDEN HILL CONSULTING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
CAMPDEN HILL CONSULTING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
CAMPDEN HILL CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
496
662
Current assets
Debtors
224
9,180
Cash at bank and in hand
7,260
835
7,484
10,015
Creditors: amounts falling due within one year
(15,990)
(10,953)
Net current liabilities
(8,506)
(938)
Total assets less current liabilities
(8,010)
(276)
Provisions for liabilities
-
(132)
(8,010)
(408)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(8,011)
(409)
Shareholder's funds
(8,010)
(408)
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his 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 21 December 2016
Mr N E Bayer
Director
Company Registration No. 05051585
CAMPDEN HILL CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
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).
These financial statements have been prepared on the assumption that the company will continue in
operational existence for the foreseeable future.
The validity of this assumption depends on the continuing support of the director and
creditors.
If the company was unable to continue in existence for the foreseeable future, adjustments
would be
necessary to reduce the balance sheet value of assets to their recoverable amounts, to reclassify
fixed
assets and long term liabilities as current assets and current liabilities respectively, and to
provide for
further liabilities which might arise.
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
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:
Computer equipment
25% reducing balance.
1.4
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 April 2015 & at 31 March 2016
4,007
Depreciation
At 1 April 2015
3,345
Charge for the year
166
At 31 March 2016
3,511
Net book value
At 31 March 2016
496
At 31 March 2015
662
CAMPDEN HILL CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1