Anova Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06872415 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30th April 2016

for

Anova Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Director:

W G Benzie

Registered office:

Anova House

Wickhurst Lane

Broadbridge Heath

Horsham

West Sussex

RH12 3LZ

Registered number:

06872415 (England and Wales)

Fixed assets

Intangible assets

2

-

150,000

Tangible assets

3

19,673

30,591

19,673

180,591

Current assets

Debtors

16,636

26,037

Cash at bank

24,702

25,098

41,338

51,135

Creditors

Amounts falling due within one year

124,399

132,385

Net current liabilities

(83,061

)

(81,250

)

Total assets less current liabilities

(63,388

)

99,341

Capital and reserves

Called up share capital

4

100

100

Profit and loss account

(63,488

)

99,241

Shareholders' funds

(63,388

)

99,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24th January 2017 and were signed by:

W G Benzie - 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 January 2015).

Turnover

Turnover represents the net fees invoiced to clients less any credits raised.

Goodwill

Goodwill is the value of fees acquired by the company, and in the opinion of the directors no write down is

necessary.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	Intangible fixed assets

Total

£

Cost

At 1st May 2015

150,000

Impairments

(150,000

)

At 30th April 2016

-

Net book value

At 30th April 2016

-

At 30th April 2015

150,000

3.	Tangible fixed assets

Total

£

Cost

At 1st May 2015

93,905

Additions

720

At 30th April 2016

94,625

Depreciation

At 1st May 2015

63,314

Charge for year

11,638

At 30th April 2016

74,952

Net book value

At 30th April 2016

19,673

At 30th April 2015

30,591

4.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100