Company Registration No. 07380419 (England and Wales)
NINETYONE CONSULTING LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
NINETYONE CONSULTING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
NINETYONE CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,323
1,428
Current assets
Debtors
12,568
6,281
Cash at bank and in hand
19,451
8,624
32,019
14,905
Creditors: amounts falling due within one year
(32,777)
(14,542)
Net current liabilities/(assets)
(758)
363
Total assets less current liabilities
565
1,791
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
563
1,789
Shareholders' funds
565
1,791
For the financial year ended 30 September 2015 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 1 June 2016
Mrs L R Bishop
Mr D H Bishop
Director
Director
Company Registration No. 07380419
NINETYONE CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 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 April 2008).
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
33% per annum on cost
Fixtures, fittings and equipment
15% per annum on net book value
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.
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
8,744
Additions
221
At 30 September 2015
8,965
Depreciation
At 1 October 2014
7,316
Charge for the year
326
At 30 September 2015
7,642
Net book value
At 30 September 2015
1,323
At 30 September 2014
1,428
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary Shares of £1 each
2
2