Ateeda Limited - Abbreviated accounts 16.1
Ateeda Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2016 |
FOR |
ATEEDA LIMITED |
ATEEDA LIMITED (REGISTERED NUMBER: SC293692) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
ATEEDA LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
ATEEDA LIMITED (REGISTERED NUMBER: SC293692) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2016 |
31.3.16 | 31.3.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
ATEEDA LIMITED (REGISTERED NUMBER: SC293692) |
ABBREVIATED BALANCE SHEET - continued |
31 MARCH 2016 |
The financial statements were approved by the Board of Directors on |
ATEEDA LIMITED (REGISTERED NUMBER: SC293692) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2016 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Turnover |
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the |
goods are completed. Turnover from the supply of services represents the value of services provided under |
contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. |
Where the contract has only been partially completed at the balance sheet date turnover represents the value of |
the service provided to date based on a proportion of the total contract value. Where payments are received from |
customers in advance of services provided, the amounts are recorded as deferred income and included as part of |
creditors due within one year. |
Tangible fixed assets |
Computer equipment | - |
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 profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2015 |
Additions |
At 31 March 2016 |
DEPRECIATION |
At 1 April 2015 |
Charge for year |
At 31 March 2016 |
NET BOOK VALUE |
At 31 March 2016 |
At 31 March 2015 |
ATEEDA LIMITED (REGISTERED NUMBER: SC293692) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MARCH 2016 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.16 | 31.3.15 |
value: | £ | £ |
Ordinary | 0.01 |
(31.3.15 - |
Deferred | 0.01 |
4,297 | 3,470 |
4. | RELATED PARTY DISCLOSURES |
The directors fees are costs in respect of payments for services provided by non-executive director M G Penn of |
£15,079 (2015 £16,935). |
Included within other debtors are loans due to the company of £125 (2015 £125) due from director Dr D J |
Hamilton and £347 due from director Dr J W Buckie (2015 £7153 due to director Dr J W Buckie). |