Abbreviated Company Accounts - IN-SYTE BUSINESS SOLUTIONS LTD

IN-SYTE BUSINESS SOLUTIONS LTD - Company Information

Registered Number 07589111

IN-SYTE BUSINESS SOLUTIONS LTD

Abbreviated Accounts

30 April 2016

IN-SYTE BUSINESS SOLUTIONS LTD Registered Number 07589111

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1,204	1,605
Investments		-	-
		1,204	1,605
Current assets
Stocks		-	-
Debtors		4,291	3,110
Investments		-	-
Cash at bank and in hand		61	1,171
		4,352	4,281
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(5,475)	(4,933)
Net current assets (liabilities)		(1,123)	(652)
Total assets less current liabilities		81	953
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		(241)	(321)
Accruals and deferred income		0	0
Total net assets (liabilities)		(160)	632
Capital and reserves
Called up share capital		500	500
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(660)	132
Shareholders' funds		(160)	632

For the year ending 30 April 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 19 December 2016

And signed on their behalf by:
Sandra D Harding, Director

IN-SYTE BUSINESS SOLUTIONS LTD Registered Number 07589111

Notes to the Abbreviated Accounts for the period ended 30 April 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 services ,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 - 25% on reducing balance

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 May 2015	3,806
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 April 2016	3,806
Depreciation
At 1 May 2015	2,201
Charge for the year	401
On disposals	0
At 30 April 2016	2,602
Net book values
At 30 April 2016	1,204
At 30 April 2015	1,605