May4IT Solutions Limited - Abbreviated accounts

Registered number

08219492

May4IT Solutions Limited

Abbreviated Accounts

30 September 2015

May4IT Solutions Limited
Registered number:		08219492
Abbreviated Balance Sheet
as at 30 September 2015

Notes			2015			2014
£				£
Current assets
Debtors		13,583			11,590
Cash at bank and in hand		89,262			67,234
		102,845			78,824

Creditors: amounts falling due within one year		(32,319)			(25,185)

Net current assets			70,526			53,639

Net assets			70,526			53,639

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			70,426			53,539

Shareholder's funds			70,526			53,639

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



P J May
Director
Approved by the board on 1 June 2016

May4IT Solutions Limited
Notes to the Abbreviated Accounts
for the year ended 30 September 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100