Vezo Networks Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06867359 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Vezo Networks Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P Mills

Mr D Nairn

REGISTERED OFFICE:

The Lodge

Coxes Farm Road

Billericay

Essex

CM11 2UA

REGISTERED NUMBER:

06867359 (England and Wales)

ACCOUNTANTS:

PBA Group (South East) Limited

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

FIXED ASSETS

Tangible assets

2

4,172

5,990

CURRENT ASSETS

Debtors

9,544

8,549

Cash at bank

21,941

22,724

31,485

31,273

CREDITORS

Amounts falling due within one year

35,289

36,541

NET CURRENT LIABILITIES

(3,804

)

(5,268

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

368

722

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

365

719

SHAREHOLDERS' FUNDS

368

722

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 7 December 2016 and were signed on
its behalf by:

Mr P Mills - Director

Mr D Nairn - 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 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.

Plant and machinery

-

33% on cost

Motor vehicles

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

10,901

Additions

268

At 31 March 2016

11,169

DEPRECIATION

At 1 April 2015

4,911

Charge for year

2,086

At 31 March 2016

6,997

NET BOOK VALUE

At 31 March 2016

4,172

At 31 March 2015

5,990

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary shares

£1

2

1

Ordinary "A" shares

£1

1

3