Company Registration No. 07812796 (England and Wales)
Conatus Financing Solutions Limited
Unaudited accounts
for the year ended 30 September 2016
Conatus Financing Solutions Limited
Unaudited accounts
Contents
Conatus Financing Solutions Limited
Company Information
for the year ended 30 September 2016
Directors
Kevin Ward
Beth Ward
Victoria Swansborough
Company Number
07812796 (England and Wales)
Registered Office
29 THE EXCHANGE MALLARD HOUSE BUSINESS C
THE STREET, LITTLE BEALINGS
WOODBRIDGE
SUFFOLK
IP13 6LT
Conatus Financing Solutions Limited
Statement of financial position
as at 30 September 2016
Tangible assets
1,134
1,878
Cash at bank and in hand
9,253
38,724
Creditors: amounts falling due within one year
(725)
(15,067)
Net current assets
8,832
26,230
Total assets less current liabilities
19,966
28,108
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
19,617
27,759
Shareholders' funds
19,627
27,769
For the year ending 30 September 2016 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 31 January 2017.
Kevin Ward
Director
Company Registration No. 07812796
Conatus Financing Solutions Limited
Notes to the Accounts
for the year ended 30 September 2016
Conatus Financing Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07812796. The registered office and principal place of business is 29 THE EXCHANGE MALLARD HOUSE BUSINESS C, THE STREET, LITTLE BEALINGS, WOODBRIDGE, SUFFOLK, IP13 6LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 September 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2014.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 3 years
Conatus Financing Solutions Limited
Notes to the Accounts
for the year ended 30 September 2016
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2015
4,772
-
4,772
At 30 September 2016
4,772
768
5,540
At 1 October 2015
2,894
-
2,894
Charge for the year
1,256
256
1,512
At 30 September 2016
4,150
256
4,406
At 30 September 2016
622
512
1,134
At 30 September 2015
1,878
-
1,878
5
Investments
Other investments
Valuation at 1 October 2015
-
Valuation at 30 September 2016
10,000
7
Creditors: amounts falling due within one year
2016
2015
Other taxes and social security costs
211
271
Loans from directors
95
183
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 0 (2015: 0).