Abbreviated Company Accounts - NETFUSE TELECOM LTD

NETFUSE TELECOM LTD - Company Information

Registered Number 07923863

NETFUSE TELECOM LTD

Abbreviated Accounts

31 January 2015

NETFUSE TELECOM LTD Registered Number 07923863

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,629	9,041
		6,629	9,041
Current assets
Debtors		19,134	11,940
Cash at bank and in hand		21,333	5,741
		40,467	17,681
Creditors: amounts falling due within one year		(34,705)	(17,924)
Net current assets (liabilities)		5,762	(243)
Total assets less current liabilities		12,391	8,798
Total net assets (liabilities)		12,391	8,798
Capital and reserves
Called up share capital		1	1
Profit and loss account		12,390	8,797
Shareholders' funds		12,391	8,798

For the year ending 31 January 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 October 2015

And signed on their behalf by:
Leo Brown, Director

NETFUSE TELECOM LTD Registered Number 07923863

Notes to the Abbreviated Accounts for the period ended 31 January 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 value, net of value added tax and discounts, of goods provided to customers and work carried
out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful
lives.
Motor vehicles 25% straight line
Equipment, fixtures and fittings 25% straight line

2Tangible fixed assets

	£
Cost
At 1 February 2014	10,497
Additions	238
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	10,735
Depreciation
At 1 February 2014	1,456
Charge for the year	2,650
On disposals	-
At 31 January 2015	4,106
Net book values
At 31 January 2015	6,629
At 31 January 2014	9,041