Ambitech Limited - Abbreviated accounts 16.1

Ambitech Limited - Abbreviated accounts 16.1

AMBITECH LIMITED - Company Information

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REGISTERED NUMBER: 05093323 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

AMBITECH LIMITED

AMBITECH LIMITED (REGISTERED NUMBER: 05093323)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

AMBITECH LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2016







DIRECTORS: G Simpson-Yeoman
H Simpson-Yeoman





SECRETARY: H Simpson-Yeoman





REGISTERED OFFICE: Berkeley House
18 Station Road
East Grinstead
West Sussex
RH19 1DJ





REGISTERED NUMBER: 05093323 (England and Wales)





ACCOUNTANTS: Hockley Wright & Co Limited
Berkeley House
18 Station Road
East Grinstead
West Sussex
RH19 1DJ
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AMBITECH LIMITED (REGISTERED NUMBER: 05093323)

ABBREVIATED BALANCE SHEET
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1 886

CURRENT ASSETS
Debtors 30,328 24,022
Cash at bank 15,577 22,284
45,905 46,306
CREDITORS
Amounts falling due within one year 28,004 19,757
NET CURRENT ASSETS 17,901 26,549
TOTAL ASSETS LESS CURRENT LIABILITIES 17,902 27,435

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 17,802 27,335
SHAREHOLDERS' FUNDS 17,902 27,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 2 June 2016 and were signed on its behalf by:





G Simpson-Yeoman - Director


The notes form part of these abbreviated accounts

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AMBITECH LIMITED (REGISTERED NUMBER: 05093323)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2016

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 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.

Computer equipment - 25% on reducing balance

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over
the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 10,684
DEPRECIATION
At 1 April 2015 9,798
Charge for year 885
At 31 March 2016 10,683
NET BOOK VALUE
At 31 March 2016 1
At 31 March 2015 886

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
50 Ordinary £1 50 50
50 Ordinary Non Voting £1 50 50
100 100

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AMBITECH LIMITED (REGISTERED NUMBER: 05093323)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 March 2016

4. RELATED PARTY DISCLOSURES

During the year, total dividends of £75,000 were paid to the directors.

During the year a number of interest free advances were made to the directors. The total value of these
advances was £74,400 and these were fully repaid by the year end.

Included within creditors in note 7 above is £702 (2015 £302) owed to G Simpson-Yeoman, a director of the
company. This amount is repayable on demand.

5. ULTIMATE CONTROLLING PARTY

In the opinion of the directors, Ambitech Limited is the ultimate controlling party. G Simpson-Yeoman owns
100% of the ordinary voting equity share capital of the company.

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