21st Century Office Concepts Ltd

Abbreviated Accounts for the Year Ended 31 December 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

60,853

81,138

CURRENT ASSETS

Stocks

210,000

75,000

Debtors

500,444

463,678

Cash at bank and in hand

11,637

201

722,081

538,879

CREDITORS

Amounts falling due within one year

3

702,663

573,712

NET CURRENT ASSETS/(LIABILITIES)

19,418

(34,833

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

80,271

46,305

CREDITORS

Amounts falling due after more than one
year

-

1,458

NET ASSETS

80,271

44,847

CAPITAL AND RESERVES

Called up share capital

4

300

Profit and loss account

79,971

44,547

SHAREHOLDERS' FUNDS

80,271

44,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 17 September 2014 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 and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

261,893

DEPRECIATION

At 1 January 2013

180,755

Charge for year

20,285

At 31 December 2013

201,040

NET BOOK VALUE

At 31 December 2013

60,853

At 31 December 2012

81,138

3.

CREDITORS

Creditors include an amount of £ 15,949 (2012 - £ 118,172 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

100

Ordinary A

£1

100

Ordinary B

£1

100

Ordinary C

£1

100

300