Registered Number 07037941

AADI TELECOM LTD

Abbreviated Accounts

31 October 2016

AADI TELECOM LTD Registered Number 07037941

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,387 6,133
4,387 6,133
Current assets
Debtors 9,984 9,600
Cash at bank and in hand 59,044 117,840
69,028 127,440
Creditors: amounts falling due within one year (31,195) (105,718)
Net current assets (liabilities) 37,833 21,722
Total assets less current liabilities 42,220 27,855
Total net assets (liabilities) 42,220 27,855
Capital and reserves
Called up share capital 100 100
Profit and loss account 42,120 27,755
Shareholders' funds 42,220 27,855
  • 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.

Approved by the Board on 20 July 2017

And signed on their behalf by:
M A Ahmed, Director

AADI TELECOM LTD Registered Number 07037941

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% straight line

2Tangible fixed assets
£
Cost
At 1 November 2015 11,802
Additions 3,006
Disposals (2,986)
Revaluations -
Transfers -
At 31 October 2016 11,822
Depreciation
At 1 November 2015 5,669
Charge for the year 2,135
On disposals (369)
At 31 October 2016 7,435
Net book values
At 31 October 2016 4,387
At 31 October 2015 6,133