Abbreviated Company Accounts - PADOVA IT LIMITED

Abbreviated Company Accounts - PADOVA IT LIMITED


Registered Number 06159466

PADOVA IT LIMITED

Abbreviated Accounts

31 March 2015

PADOVA IT LIMITED Registered Number 06159466

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Current assets
Debtors 2,000 2,088
Cash at bank and in hand 24,458 32,649
26,458 34,737
Creditors: amounts falling due within one year (17,845) (19,060)
Net current assets (liabilities) 8,613 15,677
Total assets less current liabilities 8,613 15,677
Total net assets (liabilities) 8,613 15,677
Capital and reserves
Called up share capital 2 2
Profit and loss account 8,611 15,675
Shareholders' funds 8,613 15,677
  • 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 20 October 2015

And signed on their behalf by:
R SCOTT, Director

PADOVA IT LIMITED Registered Number 06159466

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 the total invoice value, excluding VAT, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

2Transactions with directors

Name of director receiving advance or credit: R SCOTT
Description of the transaction: Loan from director
Balance at 1 April 2014: £ 2,516
Advances or credits made: £ 300
Advances or credits repaid: -
Balance at 31 March 2015: £ 2,816

No interest was paid on this loan and there were no fixed terms for repayment.