Registered Number SC248681

ABERDEEN INTERNET LTD.

Abbreviated Accounts

30 June 2015

ABERDEEN INTERNET LTD. Registered Number SC248681

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 8,000 9,000
Tangible assets 3 1,714 2,286
9,714 11,286
Current assets
Debtors 3,058 2,343
Cash at bank and in hand 7,711 6,648
10,769 8,991
Creditors: amounts falling due within one year (6,139) (3,975)
Net current assets (liabilities) 4,630 5,016
Total assets less current liabilities 14,344 16,302
Creditors: amounts falling due after more than one year (14,249) (14,708)
Provisions for liabilities - (284)
Total net assets (liabilities) 95 1,310
Capital and reserves
Called up share capital 2 2
Profit and loss account 93 1,308
Shareholders' funds 95 1,310
  • For the year ending 30 June 2015 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 12 January 2016

And signed on their behalf by:
Gareth Davies, Director

ABERDEEN INTERNET LTD. Registered Number SC248681

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery 25% reducing balance

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery over 20 years on straight line basis

2Intangible fixed assets
£
Cost
At 1 July 2014 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 20,000
Amortisation
At 1 July 2014 11,000
Charge for the year 1,000
On disposals -
At 30 June 2015 12,000
Net book values
At 30 June 2015 8,000
At 30 June 2014 9,000
3Tangible fixed assets
£
Cost
At 1 July 2014 13,289
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 13,289
Depreciation
At 1 July 2014 11,003
Charge for the year 572
On disposals -
At 30 June 2015 11,575
Net book values
At 30 June 2015 1,714
At 30 June 2014 2,286