Registered Number 05683978

CHURCHILL CAPITAL INTERNATIONAL LIMITED

Abbreviated Accounts

31 December 2012

CHURCHILL CAPITAL INTERNATIONAL LIMITED Registered Number 05683978

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 141,896 152,558
141,896 152,558
Current assets
Debtors 3 131,489 314,521
Cash at bank and in hand 117,989 63,979
249,478 378,500
Creditors: amounts falling due within one year (320,228) (447,692)
Net current assets (liabilities) (70,750) (69,192)
Total assets less current liabilities 71,146 83,366
Total net assets (liabilities) 71,146 83,366
Capital and reserves
Called up share capital 4 1 1
Profit and loss account 71,145 83,365
Shareholders' funds 71,146 83,366
  • For the year ending 31 December 2012 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 March 2013

And signed on their behalf by:
Frank Eric Hersman, Director

CHURCHILL CAPITAL INTERNATIONAL LIMITED Registered Number 05683978

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for services provided net of VAT. In the year to 31 December 2012 100% (2011-100%) of the company's turnover was to markets outside the United Kingdom

Tangible assets depreciation policy
Leasehold property over the period of the lease
Plant and machinery 33% per annum on a straight line basis
Fixtures, fittings & equipement 20% per annum on a straight line basis
Motor vehicles 25% per annum on a straight line basis

Intangible assets amortisation policy
Leasing
Rentals payable under operating leases are charged against income on a payable basis as per the term of lease.

Valuation information and policy
Monetary assets and liabilities denominated in foreign currencies are translated in to sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreighn currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets
£
Cost
At 1 January 2012 233,293
Additions 87,998
Disposals (82,354)
Revaluations -
Transfers -
At 31 December 2012 238,937
Depreciation
At 1 January 2012 80,735
Charge for the year 36,895
On disposals (20,589)
At 31 December 2012 97,041
Net book values
At 31 December 2012 141,896
At 31 December 2011 152,558
3Debtors
2012
£
2011
£
Debtors include the following amounts due after more than one year 40,366 40,343

Other debtors in clude an amount of £40,366 (2011-£40343) which is due after more than one year.

4Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
1 Ordinary share of £1 each 1 1