Snithi Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09268094 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Snithi Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr Suresh Babu Kuruva

Mrs Shilpa Banda

REGISTERED OFFICE:

3 Windsor Court Apartments

19 Little Church Street

Rugby

CV21 3AW

REGISTERED NUMBER:

09268094 (England and Wales)

ACCOUNTANTS:

Sigma Chartered Accountants

JO Hunter House

409 Bradford Road

Huddersfield

West Yorkshire

HD2 2RB

FIXED ASSETS

Tangible assets

2

10,180

CURRENT ASSETS

Debtors

12,414

Cash at bank

23,223

35,637

CREDITORS

Amounts falling due within one year

43,779

NET CURRENT LIABILITIES

(8,142

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,038

PROVISIONS FOR LIABILITIES

2,036

NET ASSETS

2

CAPITAL AND RESERVES

Called up share capital

3

2

SHAREHOLDERS' FUNDS

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 24 June 2016 and were signed on its behalf by:

Mr Suresh Babu Kuruva - Director

Mrs Shilpa Banda - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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

-

25% on cost

Computer equipment

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

13,574

At 31 October 2015

13,574

DEPRECIATION

Charge for year

3,394

At 31 October 2015

3,394

NET BOOK VALUE

At 31 October 2015

10,180

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary Class A

£1

1

Ordinary Class B

£1

1

2