Abbreviated Company Accounts - WISEALPHA TECHNOLOGIES LIMITED

WISEALPHA TECHNOLOGIES LIMITED - Company Information

08967521 WISEALPHA TECHNOLOGIES LIMITED 2015-06-30 false 2014-03-31 2015-06-30 true 08967521 2014-03-31 2015-06-30 08967521 2015-06-30 08967521 uk-gaap-cd-bus:Director1 2014-03-31 2015-06-30 08967521 uk-gaap-cd-bus:Director2 2014-03-31 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 iso4217:GBP shares

Registered Number 08967521

WISEALPHA TECHNOLOGIES LIMITED

Abbreviated Accounts

30 June 2015

WISEALPHA TECHNOLOGIES LIMITED Registered Number 08967521

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015
		£
Called up share capital not paid		-
Fixed assets
Tangible assets	2	987
		987
Current assets
Debtors		50,610
Cash at bank and in hand		16,801
		67,411
Creditors: amounts falling due within one year		(66,284)
Net current assets (liabilities)		1,127
Total assets less current liabilities		2,114
Total net assets (liabilities)		2,114
Capital and reserves
Called up share capital	3	53,158
Share premium account		537,829
Profit and loss account		(588,873)
Shareholders' funds		2,114

For the year ending 30 June 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 22 December 2015

And signed on their behalf by:
SYED REZAAH AHMAD, Director

WISEALPHA TECHNOLOGIES LIMITED Registered Number 08967521

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Other accounting policies
Research expenditure is written off to the profit and loss account in the year in which it is incurred.

2Tangible fixed assets

	£
Cost
Additions	1,316
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	1,316
Depreciation
Charge for the year	329
On disposals	-
At 30 June 2015	329
Net book values
At 30 June 2015	987

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and Machinery - 25% straight line

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
8,787,496 A Ordinary shares of £0.005263 each	46,249
1,312,504 B Ordinary shares of £0.005263 each	6,908

The company allotted 8,787,496 'A' Ordinary shares during the year. The aggregate nominal value of
these shares was £46,250. At the balance sheet date, there were 8,787,496 'A' Ordinary shares unpaid.
The unpaid amount on these shares was £46,250 at the balance sheet date.
The 'A' Ordinary shares are redeemable shares. The holders of the 'A' Ordinary shares, acting
unanimously, may redeem any or all of the redeemable shares any time after September 2016 for their
nominal value.
During the year, the company allotted 1,312,504 'B' Ordinary shares. The aggregate nominal value of
these allotments was £6,908, and the total consideration received was £544,737