Abbreviated Company Accounts - VIVIDIA LIMITED

Abbreviated Company Accounts - VIVIDIA LIMITED

VIVIDIA LIMITED - Company Information

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Registered Number 06539728

VIVIDIA LIMITED

Abbreviated Accounts

31 March 2016

VIVIDIA LIMITED Registered Number 06539728

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 209,430 232,957
209,430 232,957
Current assets
Stocks 5,540 4,074
Debtors 1,704 526
Cash at bank and in hand 2,614 27
9,858 4,627
Creditors: amounts falling due within one year (347,136) (332,151)
Net current assets (liabilities) (337,278) (327,524)
Total assets less current liabilities (127,848) (94,567)
Total net assets (liabilities) (127,848) (94,567)
Capital and reserves
Called up share capital 1 1
Profit and loss account (127,849) (94,568)
Shareholders' funds (127,848) (94,567)
  • For the year ending 31 March 2016 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 directors acknowledge their 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 Board on 21 December 2016

And signed on their behalf by:
M N Patel, Director

VIVIDIA LIMITED Registered Number 06539728

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing basis
Fixtures and fittings - 20% on reducing basis
Office Equipment - 20% on reducing basis

2Tangible fixed assets
£
Cost
At 1 April 2015 449,908
Additions 516
Disposals -
Revaluations -
Transfers -
At 31 March 2016 450,424
Depreciation
At 1 April 2015 216,951
Charge for the year 24,043
On disposals -
At 31 March 2016 240,994
Net book values
At 31 March 2016 209,430
At 31 March 2015 232,957