Micro-entity Accounts - CAMETA BUSINESS SOLUTIONS LTD

CAMETA BUSINESS SOLUTIONS LTD - Company Information

08402347 CAMETA BUSINESS SOLUTIONS LTD 2017-02-28 false 2016-02-29 2017-02-28 true 08402347 2016-02-29 2017-02-28 08402347 2017-02-28 08402347 2016-02-28 08402347 uk-gaap-cd-bus:Director1 2016-02-29 2017-02-28 08402347 uk-gaap-cd-bus:Director2 2016-02-29 2017-02-28 08402347 uk-gaap-cd-bus:AllEntityOfficers 2016-02-29 2017-02-28 iso4217:GBP shares

Registered Number 08402347

CAMETA BUSINESS SOLUTIONS LTD

Micro-entity Accounts

28 February 2017

CAMETA BUSINESS SOLUTIONS LTD Registered Number 08402347

Micro-entity Balance Sheet as at 28 February 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	454	908
		454	908
Current assets
Cash at bank and in hand		158	54
		158	54
Creditors: amounts falling due within one year		(36,452)	(31,494)
Net current assets (liabilities)		(36,294)	(31,440)
Total assets less current liabilities		(35,840)	(30,532)
Total net assets (liabilities)		(35,840)	(30,532)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(35,842)	(30,534)
Shareholders' funds		(35,840)	(30,532)

For the year ending 28 February 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 November 2017

And signed on their behalf by:
Dr A Asewando, Director

CAMETA BUSINESS SOLUTIONS LTD Registered Number 08402347

Notes to the Micro-entity Accounts for the period ended 28 February 2017

1Tangible fixed assets

	£
Cost
At 29 February 2016	1,362
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2017	1,362
Depreciation
At 29 February 2016	454
Charge for the year	454
On disposals	-
At 28 February 2017	908
Net book values
At 28 February 2017	454
At 28 February 2016	908

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years