Registered Number 06602207
ABHIV IT SOLUTIONS LTD
Abbreviated Accounts
31 May 2016
Notes | 2016 | 2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
excluding value added tax.
Tangible assets depreciation policy
is provided at rates calculated to write off the cost of valuation of fixed assets,
less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicle,Plant & Equipment and Fixtures & Fittings - 25% reducing balance
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
|
Depreciation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 1,048 |
At 31 May 2015 | 1,397 |