A and I Technology Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02928195 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

A AND I TECHNOLOGY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S A Davenport

A Davenport

I H Davenport

D Davenport

REGISTERED OFFICE:

13 Hursley Road

Chandlers Ford

Eastleigh

Hampshsire

SO53 2FW

REGISTERED NUMBER:

02928195 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

BANKERS:

Lloyds TSB Bank plc

19/21 High Street

Southampton

Hampshire

S014 2SE

FIXED ASSETS

Tangible assets

2

2,045

21,332

CURRENT ASSETS

Debtors

3

53,455

17,751

Cash at bank and in hand

8,656

18,138

62,111

35,889

CREDITORS

Amounts falling due within one year

32,146

19,879

NET CURRENT ASSETS

29,965

16,010

TOTAL ASSETS LESS CURRENT LIABILITIES

32,010

37,342

CAPITAL AND RESERVES

Called up share capital

4

5

5

Profit and loss account

32,005

37,337

SHAREHOLDERS' FUNDS

32,010

37,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 15 September 2014 and were signed on its behalf by:

D Davenport - 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

63,038

Disposals

(49,666

)

At 30 June 2014

13,372

DEPRECIATION

At 1 July 2013

41,706

Charge for year

992

Eliminated on disposal

(31,371

)

At 30 June 2014

11,327

NET BOOK VALUE

At 30 June 2014

2,045

At 30 June 2013

21,332

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 102

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

5

Ordinary

£1

5

5