Information Technology Support Associate - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04550575 (England and Wales)

INFORMATION TECHNOLOGY SUPPORT

ASSOCIATES (UK) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R W Lee

M R Harrison

SECRETARY:

R W Lee

REGISTERED OFFICE:

57 Allenby Road

Maidenhead

Berkshire

SL6 5BG

REGISTERED NUMBER:

04550575 (England and Wales)

ACCOUNTANTS:

AGHS Accounting & Taxation Services Limited

14 Progress Business Centre

Whittle Parkway

Slough

Berkshire

SL1 6DQ

FIXED ASSETS

Tangible assets

2

1,066

684

CURRENT ASSETS

Stocks

938

1,733

Debtors

20,743

15,191

Cash at bank

2,422

6,828

24,103

23,752

CREDITORS

Amounts falling due within one year

19,691

19,752

NET CURRENT ASSETS

4,412

4,000

TOTAL ASSETS LESS CURRENT LIABILITIES

5,478

4,684

PROVISIONS FOR LIABILITIES

213

137

NET ASSETS

5,265

4,547

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

4,265

3,547

SHAREHOLDERS' FUNDS

5,265

4,547

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

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

The directors acknowledge their 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 Board of Directors on 22 December 2015 and were signed on its behalf by:

R W Lee - 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 goods, 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

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

2,825

Additions

915

At 31 March 2015

3,740

DEPRECIATION

At 1 April 2014

2,141

Charge for year

533

At 31 March 2015

2,674

NET BOOK VALUE

At 31 March 2015

1,066

At 31 March 2014

684

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000