4G_CAPITAL_LIMITED - Accounts

4G CAPITAL LIMITED - Company Information

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Company Registration No. 07145698 (England and Wales)

4G CAPITAL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

4G CAPITAL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

4G CAPITAL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

18,000

21,000

Tangible assets

382

673

18,382

21,673

Current assets

Debtors

102,476

99,473

Cash at bank and in hand

21,584

37,268

124,060

136,741

Creditors: amounts falling due within one year

(37,629)

(49,551)

Net current assets

86,431

87,190

Total assets less current liabilities

104,813

108,863

Provisions for liabilities

(77)

(135)

104,736

108,728

Capital and reserves

Called up share capital

Share premium account

102,996

Profit and loss account

1,736

5,728

Shareholders' funds

104,736

108,728

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 19 December 2016

Mr A R Pathak

Director

Company Registration No. 07145698

4G CAPITAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% straight line

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2015 & at 31 March 2016

30,000

1,166

31,166

Depreciation

At 1 April 2015

9,000

493

9,493

Charge for the year

3,000

291

3,291

At 31 March 2016

12,000

784

12,784

Net book value

At 31 March 2016

18,000

382

18,382

At 31 March 2015

21,000

673

21,673

4G CAPITAL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary shares of £1 each

2 A Ordinary shares of £1 each

In the event of an enhancement notice being served, the 'A' ordinary shares carry enhanced voting rights as a class on a poll of three times the total number of votes attached to all shares.

Related party relationships and transactions

Advances and credits

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr A R Pathak -

42,196

101,811

87,877

56,130

42,196

101,811

87,877

56,130

The above loan was repaid on 6 April 2016.