Conflict International Ltd

Abbreviated Accounts for the Year Ended 31 March 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M LaCorte

Mr JW Fawcett

SECRETARY:

Mr JW Fawcett

REGISTERED OFFICE:

C/O Conflict International Ltd

180 Piccadilly

London

W1J 9HF

REGISTERED NUMBER:

06518420 (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

14,693

10,270

CURRENT ASSETS

Stocks

3,059

32,092

Debtors

51,266

43,384

Cash at bank and in hand

106,472

141,026

160,797

216,502

CREDITORS

Amounts falling due within one year

97,696

129,493

NET CURRENT ASSETS

63,101

87,009

TOTAL ASSETS LESS CURRENT LIABILITIES

77,794

97,279

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

77,784

97,269

SHAREHOLDERS' FUNDS

77,794

97,279

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 December 2014 and were signed on its behalf by:

Mr M LaCorte - 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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

25,410

Additions

9,317

At 31 March 2014

34,727

DEPRECIATION

At 1 April 2013

15,140

Charge for year

4,894

At 31 March 2014

20,034

NET BOOK VALUE

At 31 March 2014

14,693

At 31 March 2013

10,270

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£1

10

10