Virtual Perimeters Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06537105 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Virtual Perimeters Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Spengler

P Howson

C Kirby

F Lee

SECRETARY:

P Howson

REGISTERED OFFICE:

11 Stamford Street

Stalybridge

Cheshire

SK15 1JP

REGISTERED NUMBER:

06537105 (England and Wales)

ACCOUNTANTS:

The Hampden Partnership Limited

Graeme House

Derby Square

Liverpool

Merseyside

L2 7ZH

FIXED ASSETS

Intangible assets

2

20,909

-

CURRENT ASSETS

Debtors

49,318

100

Cash in hand

100

-

49,418

100

CREDITORS

Amounts falling due within one year

196,839

-

NET CURRENT (LIABILITIES)/ASSETS

(147,421

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

(126,512

)

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(126,612

)

-

SHAREHOLDERS' FUNDS

(126,512

)

100

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 2 July 2015 and were signed on its behalf by:

G Spengler - 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).

Patents

Depreciation is provided at the rate of 5% per annum on a straight line basis in order to write

off the cost over the estimated useful life ot patents which is twenty years.

Deferred tax

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

reversed at the balance sheet date.

Going concern

The company has made significant progress in developing a new product and is dependent

upon the directors to continue to finance the company. As a result they have adopted the

going concern basis of accounting.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

22,009

At 31 March 2015

22,009

AMORTISATION

Amortisation for year

1,100

At 31 March 2015

1,100

NET BOOK VALUE

At 31 March 2015

20,909

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100