Abbreviated Company Accounts - BTC (LONDON) LIMITED

BTC (LONDON) LIMITED - Company Information

08781373 BTC (LONDON) LIMITED 2015-03-31 false 2013-11-19 2015-03-31 true 08781373 2013-11-19 2015-03-31 08781373 2015-03-31 08781373 uk-gaap-cd-bus:Director1 2013-11-19 2015-03-31 08781373 uk-gaap-cd-bus:Director2 2013-11-19 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-19 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08781373

BTC (LONDON) LIMITED

Abbreviated Accounts

31 March 2015

BTC (LONDON) LIMITED Registered Number 08781373

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015
		£
Fixed assets
Intangible assets	2	292,500
Tangible assets	3	52,830
		345,330
Current assets
Debtors		195,367
Cash at bank and in hand		523,884
		719,251
Creditors: amounts falling due within one year		(397,019)
Net current assets (liabilities)		322,232
Total assets less current liabilities		667,562
Creditors: amounts falling due after more than one year		(300,000)
Total net assets (liabilities)		367,562
Capital and reserves
Called up share capital	4	2
Profit and loss account		367,560
Shareholders' funds		367,562

For the year ending 31 March 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 30 July 2015

And signed on their behalf by:
A Sodha, Director
R Sodha, Director

BTC (LONDON) LIMITED Registered Number 08781373

Notes to the Abbreviated Accounts for the period ended 31 March 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 to write off each assets over its estimated useful life.
Improvement to property - in accordance with property
Fixtures & fittings - 15 % on reducing balance
Motor Vehicles - 10% on reducing balance
Computer equipment - 20% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of partnership business in April 2014 are being written off evenly over estimated lives of ten years.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
Additions	325,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	325,000
Amortisation
Charge for the year	32,500
On disposals	-
At 31 March 2015	32,500
Net book values
At 31 March 2015	292,500

3Tangible fixed assets

	£
Cost
Additions	57,719
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	57,719
Depreciation
Charge for the year	4,889
On disposals	-
At 31 March 2015	4,889
Net book values
At 31 March 2015	52,830

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
2 Ordinary shares of £1 each	2