LAYER3_DATA_SERVICES_LIMI - Accounts

LAYER3 DATA SERVICES LIMITED - Company Information

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LAYER3 DATA SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

Company Registration No. 05319564 (England and Wales)

LAYER3 DATA SERVICES LIMITED

COMPANY INFORMATION

Directors

Mr P McManus

Mr M Bell

Secretary

Mr P McManus

Company number

05319564

Registered office

St James House

Vicar Lane

Sheffield

S1 2EX

Accountants

Naylor Wintersgill

Carlton House

Grammar School Street

Bradford

BD1 4NS

LAYER3 DATA SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

LAYER3 DATA SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

4,563

6,185

Investments

4,564

6,186

Current assets

Debtors

47,752

30,310

Cash at bank and in hand

341

11,086

48,093

41,396

Creditors: amounts falling due within one year

(21,270)

(22,275)

Net current assets

26,823

19,121

Total assets less current liabilities

31,387

25,307

Provisions for liabilities

(913)

(1,237)

30,474

24,070

Capital and reserves

Called up share capital

122

Profit and loss account

30,352

23,948

Shareholders' funds

30,474

24,070

For the financial year ended 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 29 October 2015

Mr P McManus

Mr M Bell

Director

Company Registration No. 05319564

LAYER3 DATA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

20% on cost

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

LAYER3 DATA SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2015

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 February 2014 & at 31 January 2015

15,419

15,420

Depreciation

At 1 February 2014

9,234

Charge for the year

1,622

At 31 January 2015

10,856

Net book value

At 31 January 2015

4,563

4,564

At 31 January 2014

6,185

6,186

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Backup 4 Business Limited

England and Wales

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

Backup 4 Business Limited

Online Backup systems for business

37,119

35,864

Share capital

2015

2014

Allotted, called up and fully paid

122 Ordinary 'A' of £1 each

122