Abbreviated Company Accounts - AVOSETTA LIMITED

Abbreviated Company Accounts - AVOSETTA LIMITED


Registered Number 05894968

AVOSETTA LIMITED

Abbreviated Accounts

31 March 2016

AVOSETTA LIMITED Registered Number 05894968

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 684 1,367
684 1,367
Current assets
Debtors 570 1,872
Cash at bank and in hand 14,880 13,485
15,450 15,357
Creditors: amounts falling due within one year (4,088) (9,945)
Net current assets (liabilities) 11,362 5,412
Total assets less current liabilities 12,046 6,779
Total net assets (liabilities) 12,046 6,779
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 11,946 6,679
Shareholders' funds 12,046 6,779
  • For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2016

And signed on their behalf by:
Jocelyn Brookes, Director

AVOSETTA LIMITED Registered Number 05894968

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced amount of services supplied net of value added tax.

Tangible assets depreciation policy
Fixed assets are being depreciated so as to write them off over their anticipated useful lives at the following rates.
Computer Equipment and Software 33 1/3 % Straight Line

2Tangible fixed assets
£
Cost
At 1 April 2015 2,050
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,050
Depreciation
At 1 April 2015 683
Charge for the year 683
On disposals -
At 31 March 2016 1,366
Net book values
At 31 March 2016 684
At 31 March 2015 1,367
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100