Registered Number 07037941

AADI TELECOM LTD

Abbreviated Accounts

31 October 2015

AADI TELECOM LTD Registered Number 07037941

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 6,133 3,826
6,133 3,826
Current assets
Debtors 9,600 11,520
Cash at bank and in hand 117,841 95,906
127,441 107,426
Creditors: amounts falling due within one year (105,718) (87,010)
Net current assets (liabilities) 21,723 20,416
Total assets less current liabilities 27,856 24,242
Total net assets (liabilities) 27,856 24,242
Capital and reserves
Called up share capital 100 100
Profit and loss account 27,756 24,142
Shareholders' funds 27,856 24,242
  • For the year ending 31 October 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 26 July 2016

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 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
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 2014 7,779
Additions 5,261
Disposals (1,238)
Revaluations -
Transfers -
At 31 October 2015 11,802
Depreciation
At 1 November 2014 3,953
Charge for the year 1,784
On disposals (68)
At 31 October 2015 5,669
Net book values
At 31 October 2015 6,133
At 31 October 2014 3,826