Application Development Team Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03000237 (England and Wales)

APPLICATION DEVELOPMENT TEAM LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W G Paulton

SECRETARY:

Ms S K Mansfield

REGISTERED OFFICE:

178 Defoe House

The Barbican

London

EC2Y 8ND

REGISTERED NUMBER:

03000237 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

FIXED ASSETS

Tangible assets

2

134,021

135,785

CURRENT ASSETS

Debtors

6,642

Cash at bank

17,755

17,875

24,397

24,517

CREDITORS

Amounts falling due within one year

155,403

152,761

NET CURRENT LIABILITIES

(131,006

)

(128,244

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,015

7,541

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

2,915

7,441

SHAREHOLDERS' FUNDS

3,015

7,541

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 September 2016 and were signed by:

W G Paulton - 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.

Land and buildings

-

Straight line over the life of the lease

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

At 1 January 2015

and 31 December 2015

163,743

DEPRECIATION

At 1 January 2015

27,958

Charge for year

1,764

At 31 December 2015

29,722

NET BOOK VALUE

At 31 December 2015

134,021

At 31 December 2014

135,785

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100