Network 79 Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05076702 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

NETWORK 79 LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Jobber

REGISTERED OFFICE:

Unit LR006/1 Loknstore

Wotton Road

Ashford

Kent

TN23 6LL

REGISTERED NUMBER:

05076702 (England and Wales)

ACCOUNTANTS:

Ackland Webb Ltd

Canterbury Innovation Centre

University Road

Canterbury

Kent

CT2 7FG

CURRENT ASSETS

Debtors

13,614

12,202

Cash at bank

1,038

265

14,652

12,467

CREDITORS

Amounts falling due within one year

15,254

9,785

NET CURRENT (LIABILITIES)/ASSETS

(602

)

2,682

TOTAL ASSETS LESS CURRENT LIABILITIES

(602

)

2,682

CREDITORS

Amounts falling due after more than one year

790

7,466

NET LIABILITIES

(1,392

)

(4,784

)

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

(1,393

)

(4,785

)

SHAREHOLDERS' FUNDS

(1,392

)

(4,784

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 December 2014 and were signed by:

R Jobber - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

1

1

1