LAYER3_DATA_SERVICES_LIMI - Accounts


LAYER3 DATA SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2016
Company Registration No. 05319564 (England and Wales)
LAYER3 DATA SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
LAYER3 DATA SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,423
4,563
Investments
2
1
1
4,424
4,564
Current assets
Debtors
46,647
47,752
Cash at bank and in hand
33,200
341
79,847
48,093
Creditors: amounts falling due within one year
(51,963)
(21,270)
Net current assets
27,884
26,823
Total assets less current liabilities
32,308
31,387
Provisions for liabilities
(885)
(913)
31,423
30,474
Capital and reserves
Called up share capital
3
122
122
Profit and loss account
31,301
30,352
Shareholders'  funds
31,423
30,474
For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 March 2016
Mr P McManus
Mr M Bell
Director
Director
Company Registration No. 05319564
LAYER3 DATA SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
20% on cost
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
LAYER3 DATA SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2016
- 3 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 February 2015
15,419
1
15,420
Additions
1,746
-
1,746
At 31 January 2016
17,165
1
17,166
Depreciation
At 1 February 2015
10,856
-
10,856
Charge for the year
1,886
-
1,886
At 31 January 2016
12,742
-
12,742
Net book value
At 31 January 2016
4,423
1
4,424
At 31 January 2015
4,563
1
4,564
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Backup 4 Business Limited
England and Wales
Ordinary
100.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Backup 4 Business Limited
Online Backup systems for business
38,058
48,939
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
122 Ordinary 'A' of £1 each
122
122
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