21st Century Office Concepts Ltd

Abbreviated Accounts for the Year Ended 31 December 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr S Cooper

Mr J Edwards

SECRETARY:

Mr J Edwards

REGISTERED OFFICE:

One Thundridge Business Park

Thundridge

Ware

Hertfordshire

SG12 0SS

REGISTERED NUMBER:

03164838 (England and Wales)

ACCOUNTANTS:

The Red Sky Partnership Ltd

Chartered Management Accountants

Red Sky House

Fairclough Hall

Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

2

59,471

60,853

CURRENT ASSETS

Stocks

250,000

210,000

Debtors

710,419

500,444

Cash at bank and in hand

16,856

11,637

977,275

722,081

CREDITORS

Amounts falling due within one year

3

830,315

702,663

NET CURRENT ASSETS

146,960

19,418

TOTAL ASSETS LESS CURRENT
LIABILITIES

206,431

80,271

CAPITAL AND RESERVES

Called up share capital

4

300

Profit and loss account

206,131

79,971

SHAREHOLDERS' FUNDS

206,431

80,271

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 July 2015 and were signed on its
behalf by:

Mr S Cooper - 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 goods, 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

Motor vehicles

-

33% on cost

Office equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

261,893

Additions

19,838

At 31 December 2014

281,731

DEPRECIATION

At 1 January 2014

201,040

Charge for year

21,220

At 31 December 2014

222,260

NET BOOK VALUE

At 31 December 2014

59,471

At 31 December 2013

60,853

3.

CREDITORS

Creditors include an amount of £ 44 (2013 - £ 15,949 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary A

£1

100

Ordinary B

£1

100

Ordinary C

£1

100

300