AVANCE CONSULTING (EUROPE) LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 06351885 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

AVANCE CONSULTING (EUROPE) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Dudhe

REGISTERED OFFICE:

22D3 & 22D4

39 York Road ,2nd Floor

London

SE1 7NQ

REGISTERED NUMBER:

06351885 (England and Wales)

FIXED ASSETS

Tangible assets

2

408

544

CURRENT ASSETS

Debtors

1,319,429

507,740

Cash at bank

1,146,881

541,690

2,466,310

1,049,430

CREDITORS

Amounts falling due within one year

2,225,681

881,342

NET CURRENT ASSETS

240,629

168,088

TOTAL ASSETS LESS CURRENT
LIABILITIES

241,037

168,632

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

240,937

168,532

SHAREHOLDERS' FUNDS

241,037

168,632

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 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 28 December 2016 and were signed by:

P Dudhe - 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,854

DEPRECIATION

At 1 April 2015

2,310

Charge for year

136

At 31 March 2016

2,446

NET BOOK VALUE

At 31 March 2016

408

At 31 March 2015

544

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

ordinary shares

1

100