| ADVAIT (MANAGEMENT) LIMITED |
| Registered number: |
05392017 |
| Abbreviated Balance Sheet |
| as at 30 April 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
40,270 |
|
|
46,615 |
|
| Current assets |
| Debtors |
|
|
32,393 |
|
|
55,279 |
| Cash at bank and in hand |
|
|
16,262 |
|
|
1,650 |
|
|
|
48,655 |
|
|
56,929 |
|
| Creditors: amounts falling due within one year |
|
|
(207,242) |
|
|
(226,979) |
|
| Net current liabilities |
|
|
|
(158,587) |
|
|
(170,050) |
|
| Net liabilities |
|
|
|
(118,317) |
|
|
(123,435) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(118,417) |
|
|
(123,535) |
|
| Shareholders' funds |
|
|
|
(118,317) |
|
|
(123,435) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr H C Patel |
| Director |
| Approved by the board on 30 January 2016 |
|
| ADVAIT (MANAGEMENT) LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 30 April 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment, Fixtures & Fittings |
15% Reducing Balance |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2014 |
89,177 |
|
Additions |
2,155 |
|
At 30 April 2015 |
91,332 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2014 |
42,562 |
|
Charge for the year |
8,500 |
|
At 30 April 2015 |
51,062 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2015 |
40,270 |
|
At 30 April 2014 |
46,615 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|