CYGNET AUTHORIAL LTD
|
Registered number: |
07053555
|
Abbreviated Balance Sheet |
as at 31 October 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Current assets |
Cash at bank and in hand |
|
|
38,918 |
|
|
81 |
|
Creditors: amounts falling due within one year |
|
|
17,950 |
|
|
(18,384) |
|
Net current assets/(liabilities) |
|
|
|
56,868 |
|
|
(18,303) |
|
Net assets/(liabilities) |
|
|
|
56,868 |
|
|
(18,303) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
56,867 |
|
|
(18,304) |
|
Shareholders' funds |
|
|
|
56,868 |
|
|
(18,303) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
R Lyman |
Director |
Approved by the board on 15 June 2015
|
|
CYGNET AUTHORIAL LTD
|
Notes to the Abbreviated Accounts |
for the year ended 31 October 2014
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Computer Equipment |
33% on cost
|
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. |
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2013 |
688 |
|
At 31 October 2014 |
688 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2013 |
688 |
|
At 31 October 2014 |
688 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2014 |
- |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
|
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|