Abbreviated Company Accounts - DOWNTOWN SOLUTIONS LIMITED

Abbreviated Company Accounts - DOWNTOWN SOLUTIONS LIMITED


Registered Number 08451966

DOWNTOWN SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2015

DOWNTOWN SOLUTIONS LIMITED Registered Number 08451966

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Current assets
Debtors 4,337 3,543
Cash at bank and in hand 2,631 7,287
6,968 10,830
Creditors: amounts falling due within one year (9,297) (9,786)
Net current assets (liabilities) (2,329) 1,044
Total assets less current liabilities (2,329) 1,044
Total net assets (liabilities) (2,329) 1,044
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (2,330) 1,043
Shareholders' funds (2,329) 1,044
  • 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 14 December 2015

And signed on their behalf by:
Mr Uday Boyapally, Director

DOWNTOWN SOLUTIONS LIMITED Registered Number 08451966

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The accounts have been prepared on a going concern basis. As at the balance sheet date 31 March 2015, the company had net liabilities over assets of £2,329 (2014: NIL). The director and shareholders have confirmed that they will continue to support the company for the foreseeable future and will not withdraw funds or seek repayment of their debts to the detriment of the company or its creditors.

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

Other accounting policies
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).

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1