Smart It Resources Limited - Abbreviated accounts 16.1

Smart It Resources Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 04253465 (England and Wales)















SMART IT RESOURCES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 JULY 2015






SMART IT RESOURCES LIMITED (REGISTERED NUMBER: 04253465)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 July 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SMART IT RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 July 2015







DIRECTORS: Mr D R Mccain
Mrs M Toft





SECRETARY: Mr M K Toft





REGISTERED OFFICE: 4th Floor, Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 04253465 (England and Wales)





ACCOUNTANTS: Nyman Linden, a division of JSA Services
4th Floor, Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

SMART IT RESOURCES LIMITED (REGISTERED NUMBER: 04253465)

ABBREVIATED BALANCE SHEET
31 July 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 3,438 4,584

CURRENT ASSETS
Debtors 613 1,311
Cash at bank and in hand 1,878 640
2,491 1,951
CREDITORS
Amounts falling due within one year 6,543 4,656
NET CURRENT LIABILITIES (4,052 ) (2,705 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(614

)

1,879

CAPITAL AND RESERVES
Called up share capital 3 200 200
Reserves - profit/loss b/fwd (814 ) 1,679
SHAREHOLDERS' FUNDS (614 ) 1,879

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 25 August 2016 and were signed on its behalf by:





Mr D R Mccain - Director


SMART IT RESOURCES LIMITED (REGISTERED NUMBER: 04253465)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 July 2015


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 reducing balance

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2014
and 31 July 2015 21,422
DEPRECIATION
At 1 August 2014 16,838
Charge for year 1,146
At 31 July 2015 17,984
NET BOOK VALUE
At 31 July 2015 3,438
At 31 July 2014 4,584

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
200 Ordinary £1 200 200