Afinite Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04581730

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2016

FOR

AFINITE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A F Inman

SECRETARY:

Mrs J M Inman

REGISTERED OFFICE:

Round Foundry Media Centre

Foundry Street

Leeds

LS11 5QP

REGISTERED NUMBER:

04581730

ACCOUNTANTS:

BCT Accountants Ltd

Beechley

Minskip Road

Boroughbridge

North Yorkshire

YO51 9HY

FIXED ASSETS

Tangible assets

2

40,846

51,575

CURRENT ASSETS

Debtors

70,756

84,113

Cash at bank

286,274

177,196

357,030

261,309

CREDITORS

Amounts falling due within one year

176,087

173,022

NET CURRENT ASSETS

180,943

88,287

TOTAL ASSETS LESS CURRENT
LIABILITIES

221,789

139,862

PROVISIONS FOR LIABILITIES

8,169

10,315

NET ASSETS

213,620

129,547

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

213,520

129,447

SHAREHOLDERS' FUNDS

213,620

129,547

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 10th June 2017 and were signed by:

A F Inman - 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 net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 20% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2015

98,592

Additions

7,407

At 30th November 2016

105,999

DEPRECIATION

At 1st December 2015

47,017

Charge for year

18,136

At 30th November 2016

65,153

NET BOOK VALUE

At 30th November 2016

40,846

At 30th November 2015

51,575

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

100