BIT Consultants Limited,Ltd - Accounts

BIT CONSULTANTS LIMITED - Company Information

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BIT Consultants Limited

For the year ended 30 April 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 03048379

Contents Page

BIT Consultants Limited

For the year ended 30 April 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Accountants' Report

For the year ended 30 April 2015

BIT Consultants Limited

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of BIT Consultants Limited for the year ended 30 April 2015 which comprise the Profit and Loss Account,

the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Director of BIT Consultants Limited, in accordance with the terms of our

engagement letter dated 15 October 2011. Our work has been undertaken solely to prepare for your approval the

accounts of BIT Consultants Limited and state those matters that we have agreed to state to the Director of BIT

Consultants Limited, in this report in accordance with the requirements of the Association of Chartered Certified

Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than BIT Consultants Limited and its Director for our work or

for this report.

It is your duty to ensure that BIT Consultants Limited has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BIT

Consultants Limited. You consider that BIT Consultants Limited is exempt from the statutory audit requirement for

the year.

G F Gibbs & Co

Chartered Certified Accountants

55 The Maltings

Roydon Road

Stanstead Abbotts

Hertfordshire

SG12 8HG

31 January 2016

Dated:

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Abbreviated Balance Sheet

BIT Consultants Limited

As at 30 April 2015

03048379

Registered Number :

2015

Notes

2014

Current assets

Cash at bank and in hand

110

171

110

171

Creditors: amounts falling due within one year

(41,810)

(41,795)

(41,639)

(41,685)

Net current liabilities

Total assets less current liabilities

(41,685)

(41,639)

(41,685)

Net liabilities

(41,639)

Capital and reserves

Called up share capital

100

Profit and loss account

(41,785)

(41,739)

(41,685)

(41,639)

Shareholders funds

For the year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 31 January 2016

Mehdi N Farr Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 30 April 2015

BIT Consultants Limited

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax.

Website Cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% per annum on cost

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

6,339

At 01 May 2014

At 30 April 2015

6,339

Depreciation

6,339

At 01 May 2014

6,339

At 30 April 2015

Net book values

At 30 April 2015

At 30 April 2014

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Notes to the Abbreviated Financial Statements

For the year ended 30 April 2015

BIT Consultants Limited

3 Share capital

Allotted called up and fully paid

2015

2014

100 "A" Ordinary shares of £1.00 each

100

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