ADOREUM PARTNERS LTD - Abbreviated accounts

Registered number

06825188

ADOREUM PARTNERS LTD

Abbreviated Accounts

31 March 2016

ADOREUM PARTNERS LTD
Registered number:		06825188
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		32,800			41,588
Investments	3		-			6,516
			32,800			48,104

Current assets
Debtors		354,462			418,101
Cash at bank and in hand		311,809			362,747
		666,271			780,848

Creditors: amounts falling due within one year		(218,669)			(129,102)

Net current assets			447,602			651,746

Net assets			480,402			699,850

Capital and reserves
Called up share capital	4		122			122
Share premium			434,978			434,978
Profit and loss account			45,302			264,750

Shareholders' funds			480,402			699,850

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr Marcus Watson
Director
Approved by the board on 21 December 2016

ADOREUM PARTNERS LTD
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance
	Motor vehicles			over the lease term

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					84,095
	Additions					1,630
	At 31 March 2016					85,725

	Depreciation
	At 1 April 2015					42,507
	Charge for the year					10,418
	At 31 March 2016					52,925

	Net book value
	At 31 March 2016					32,800
	At 31 March 2015					41,588


3	Investments					£

	Cost
	At 1 April 2015					6,516
	Disposals					(6,516)

	At 31 March 2016					-

4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		122		122