Telio IT Solutions Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08091684 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Telio IT Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T Elliott

SECRETARY:

REGISTERED OFFICE:

29 Greylag Crescent

Worsley

Manchester

M28 7AB

REGISTERED NUMBER:

08091684 (England and Wales)

ACCOUNTANTS:

Forbes Young Accountancy Ltd

Rotterdam House

116 Quayside

Newcastle Upon Tyne

Tyne and Wear

NE1 3DY

BANKERS:

HSBC

2-4 St Anns Square

Manchester

M2 7HD

FIXED ASSETS

Tangible assets

2

2,206

873

CURRENT ASSETS

Debtors

5,670

9,657

Cash at bank

58,114

47,075

63,784

56,732

CREDITORS

Amounts falling due within one year

18,668

17,015

NET CURRENT ASSETS

45,116

39,717

TOTAL ASSETS LESS CURRENT LIABILITIES

47,322

40,590

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

47,320

40,588

SHAREHOLDERS' FUNDS

47,322

40,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 5 January 2016 and were signed by:

T Elliott - 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

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 July 2014

1,552

Additions

2,068

At 30 June 2015

3,620

DEPRECIATION

At 1 July 2014

679

Charge for year

735

At 30 June 2015

1,414

NET BOOK VALUE

At 30 June 2015

2,206

At 30 June 2014

873

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

2

Ordinary

1

2

2