Registered Number 06961550

ABIDA SOLUTIONS LIMITED

Abbreviated Accounts

31 July 2014

ABIDA SOLUTIONS LIMITED Registered Number 06961550

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 451 603
451 603
Current assets
Debtors - 6,825
Cash at bank and in hand 17,081 25,580
17,081 32,405
Creditors: amounts falling due within one year (10,655) (19,725)
Net current assets (liabilities) 6,426 12,680
Total assets less current liabilities 6,877 13,283
Total net assets (liabilities) 6,877 13,283
Capital and reserves
Called up share capital 1 1
Profit and loss account 6,876 13,282
Shareholders' funds 6,877 13,283
  • For the year ending 31 July 2014 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 4 December 2014

And signed on their behalf by:
Christina Nsamba, Director

ABIDA SOLUTIONS LIMITED Registered Number 06961550

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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 comprises the invoiced value of goods and services supplied by the company.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets,
less their estimated residual value, over their expected useful lives on the following bases:

Office Equipment - 25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 August 2013 1,061
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 1,061
Depreciation
At 1 August 2013 458
Charge for the year 152
On disposals -
At 31 July 2014 610
Net book values
At 31 July 2014 451
At 31 July 2013 603