Total Voip Solutions Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07931422 (England and Wales)

Total Voip Solutions Ltd

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

A Trilloe

D M Giles

REGISTERED OFFICE:

Bordesley Hall The Holloway

Alvechurch

West Midlands

B48 7QA

REGISTERED NUMBER:

07931422 (England and Wales)

ACCOUNTANTS:

Pinfields Limited

Chartered Accountants

Meryll House

57 Worcester Road

Bromsgrove

Worcestershire

B61 7DN

FIXED ASSETS

Tangible assets

2

6,124

7,762

CURRENT ASSETS

Stocks

652

684

Debtors

10,993

26,246

Cash at bank

66,607

24,789

78,252

51,719

CREDITORS

Amounts falling due within one year

3

12,964

16,225

NET CURRENT ASSETS

65,288

35,494

TOTAL ASSETS LESS CURRENT LIABILITIES

71,412

43,256

CREDITORS

Amounts falling due after more than one year

3

(3,900

)

(5,849

)

PROVISIONS FOR LIABILITIES

(1,225

)

(1,552

)

NET ASSETS

66,287

35,855

CAPITAL AND RESERVES

Called up share capital

4

200

200

Profit and loss account

66,087

35,655

SHAREHOLDERS' FUNDS

66,287

35,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 7 October 2015 and were signed on its behalf by:

A Trilloe - 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 and services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

10,391

Additions

547

At 31 March 2015

10,938

DEPRECIATION

At 1 April 2014

2,629

Charge for year

2,185

At 31 March 2015

4,814

NET BOOK VALUE

At 31 March 2015

6,124

At 31 March 2014

7,762

3.

CREDITORS

Creditors include an amount of £ 5,850 (31.3.14 - £ 7,799 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

200

Ordinary

£1

200

200