Vidya Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06662306 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2015

FOR

VIDYA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P H Kiri

REGISTERED OFFICE:

32 Cromer Road

New Barnet

Hertfordshire

EN5 5HT

REGISTERED NUMBER:

06662306 (England and Wales)

ACCOUNTANTS:

CBHC (Chelmsford) Limited

Carlton House

101 New London Road

Chelmsford

Essex

CM2 0PP

FIXED ASSETS

Tangible assets

2

2,549

3,655

CURRENT ASSETS

Cash at bank

5,553

7,168

CREDITORS

Amounts falling due within one year

(7,754

)

(10,738

)

NET CURRENT LIABILITIES

(2,201

)

(3,570

)

TOTAL ASSETS LESS CURRENT LIABILITIES

348

85

PROVISIONS FOR LIABILITIES

(70

)

-

NET ASSETS

278

85

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

178

(15

)

SHAREHOLDERS' FUNDS

278

85

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8th October 2015 and were signed by:

P H Kiri - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2014

and 31st July 2015

13,536

DEPRECIATION

At 1st August 2014

9,881

Charge for year

1,106

At 31st July 2015

10,987

NET BOOK VALUE

At 31st July 2015

2,549

At 31st July 2014

3,655

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company owed the director £5,057 (2014 : £10,738).