Attempting Technology Limited - Period Ending 2015-12-31

Registration number: 03677662

Attempting Technology Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

Rutland Accountancy
Rutland House
Tipps End
Welney
Wisbech
Cambs
PE14 9SG

Attempting Technology Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Attempting Technology Limited
for the Year Ended 31 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Attempting Technology Limited for the year ended 31 December 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Attempting Technology Limited , as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Attempting Technology Limited and state those matters that we have agreed to state to them, as a body, in this report . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Attempting Technology Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Attempting Technology Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Attempting Technology Limited. You consider that Attempting Technology Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Attempting Technology Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Rutland Accountancy
Rutland House
Tipps End
Welney
Wisbech
Cambs
PE14 9SG

26 September 2016

Page 1

Attempting Technology Limited
(Registration number: 03677662)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Intangible fixed assets					35			44
Current assets
Debtors					7,328			2,612
Cash at bank and in hand					70,017			65,481
					77,345			68,093
Creditors: Amounts falling due within one year					(30,589)			(32,854)
Net current assets					46,756			35,239
Total assets less current liabilities					46,791			35,283
Provisions for liabilities					(7)			(9)
Net assets					46,784			35,274
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					46,782			35,272
Shareholders' funds					46,784			35,274

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 26 September 2016

.........................................
Mr D Hammond
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Attempting Technology Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any residual value, over their expected useful economic life

Asset class	Amortisation method and rate
Other intangible assets	10% straight line basis

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	33% straight line basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Attempting Technology Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 January 2015		88			883			971
At 31 December 2015		88			883			971
Depreciation
At 1 January 2015		44			883			927
Charge for the year		9			-			9
At 31 December 2015		53			883			936
Net book value
At 31 December 2015		35			-			35
At 31 December 2014		44			-			44

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 4