Company Registration No. 02311748 (England and Wales)
Computertel Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2015
Computertel Ltd
Abbreviated Balance Sheet
as at 31 March 2015
Tangible assets
3,912
6,302
Cash at bank and in hand
314,965
312,593
Creditors: amounts falling due within one year
(389,246)
(424,654)
Net current assets
58,581
110,123
Called up share capital
100
100
Capital redemption reserve
12,960
12,960
Profit and loss account
49,433
103,365
Total shareholders' funds
62,493
116,425
For the year ending 31 March 2015 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 16 September 2015
Mr P R Haynes
Director
Company Registration No. 02311748
Computertel Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2015
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
50% Straight Line
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
2
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
At 1 April 2014
17,501
11,064
73,187
101,752
Additions
1,146
-
2,852
3,998
Disposals
-
-
(8,170)
(8,170)
At 31 March 2015
18,647
11,064
67,869
97,580
At 1 April 2014
15,937
9,095
70,418
95,450
Charge for the year
1,702
492
4,140
6,334
On disposals
-
-
(8,116)
(8,116)
At 31 March 2015
17,639
9,587
66,442
93,668
At 31 March 2015
1,008
1,477
1,427
3,912
At 31 March 2014
1,564
1,969
2,769
6,302
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
