Vitanium Systems Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04976354 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

VITANIUM SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Walker

P Houselander

REGISTERED OFFICE:

Suite 21 10 Churchill Square

Kings Hill

West Malling

Kent

ME19 4YU

REGISTERED NUMBER:

04976354 (England and Wales)

ACCOUNTANTS:

The Accountancy Practice Ltd

10 Churchill Square

Kings Hill

West Malling

Kent

ME19 5YU

FIXED ASSETS

Tangible assets

2

55,126

38,713

CURRENT ASSETS

Debtors

17,243

43,298

Cash at bank and in hand

124,030

70,002

141,273

113,300

CREDITORS

Amounts falling due within one year

42,578

46,339

NET CURRENT ASSETS

98,695

66,961

TOTAL ASSETS LESS CURRENT LIABILITIES

153,821

105,674

ACCRUALS AND DEFERRED INCOME

-

31,300

NET ASSETS

153,821

74,374

CAPITAL AND RESERVES

Called up share capital

3

1,002

1,002

Profit and loss account

152,819

73,372

SHAREHOLDERS' FUNDS

153,821

74,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 August 2014 and were signed on its behalf by:

M Walker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

94,106

Additions

42,988

At 30 November 2013

137,094

DEPRECIATION

At 1 December 2012

55,393

Charge for year

26,575

At 30 November 2013

81,968

NET BOOK VALUE

At 30 November 2013

55,126

At 30 November 2012

38,713

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

1,000

Ordinary

£1

1,000

1,000

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1,002

1,002