Abbreviated Company Accounts - PROFITISE I.T. LTD

PROFITISE I.T. LTD - Company Information

04224135 PROFITISE I.T. LTD 2015-05-31 false 2014-06-01 2015-05-31 true 04224135 2014-06-01 2015-05-31 04224135 2015-05-31 04224135 2014-05-31 04224135 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 04224135 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 04224135

PROFITISE I.T. LTD

Abbreviated Accounts

31 May 2015

PROFITISE I.T. LTD Registered Number 04224135

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		22,848	9,139
Cash at bank and in hand		79,050	65,516
		101,898	74,655
Creditors: amounts falling due within one year		(18,604)	(18,500)
Net current assets (liabilities)		83,294	56,155
Total assets less current liabilities		83,294	56,155
Total net assets (liabilities)		83,294	56,155
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		83,293	56,154
Shareholders' funds		83,294	56,155

For the year ending 31 May 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 15 January 2016

And signed on their behalf by:
Mr C O'Toole, Director

PROFITISE I.T. LTD Registered Number 04224135

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of consultancy services supplied
during the year, exclusive of Value Added Tax and trade discounts.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1