Accounts Submission

Accounts Submission

NETENTIAL LIMITED - Company Information

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NETENTIAL LIMITED

Company Registration Number:
04306286 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 November 2015

End date: 31 October 2016

NETENTIAL LIMITED

Abbreviated Balance sheet

As at 31 October 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 9,977 5,532
Total fixed assets: 9,977 5,532
Current assets
Stocks: 0 0
Debtors: 738,941 353,240
Cash at bank and in hand: 16,242 9,468
Total current assets: 755,183 362,708
Creditors: amounts falling due within one year: ( 710,302 ) ( 243,277 )
Net current assets (liabilities): 44,881 119,431
Total assets less current liabilities: 54,858 124,963
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 54,858 124,963

The notes form part of these financial statements

NETENTIAL LIMITED

Balance sheet continued

As at 31 October 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 1,000 1,000
Revaluation reserve: 0 0
Profit and loss account: 53,858 123,963
Shareholders funds: 54,858 124,963

For the year ending 31 October 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 04 July 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Christian Paul Finlay Fronteras
Status: Director

The notes form part of these financial statements

NETENTIAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards.

    Turnover policy

    Turnover represents the invoiced value of services provided excluding Value Added Tax. Production income and their associated costs are recognised when the related work has been completed or reaches a defined billable stage.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are written off on a straight line basis over their expected useful lives at the following rates:

    Office equipment: 33.33% per annum
    Office furniture: 33.33% per annum

NETENTIAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 2. Tangible assets

    Total
    Cost £
    01 November 2015: 17,919
    Additions: 9,294
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 October 2016: 27,213
    Depreciation
    01 November 2015: 12,387
    Charge for year: 4,849
    On disposals: 0
    Other adjustments: 0
    31 October 2016: 17,236
    Net book value
    31 October 2016: 9,977
    31 October 2015: 5,532

NETENTIAL LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0 0.00 0
    Total share capital (£): 1,000
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0 0.00 0
    Total share capital (£): 1,000