Abbreviated Company Accounts - ARCO IRIS LIMITED

03961117 ARCO IRIS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03961117 2015-04-01 2016-03-31 03961117 2016-03-31 03961117 2015-03-31 03961117 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03961117 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03961117

ARCO IRIS LIMITED

Abbreviated Accounts

31 March 2016

ARCO IRIS LIMITED Registered Number 03961117

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		1,238	1,238
		1,238	1,238
Creditors: amounts falling due within one year		(9,293)	(8,073)
Net current assets (liabilities)		(8,055)	(6,835)
Total assets less current liabilities		(8,055)	(6,835)
Total net assets (liabilities)		(8,055)	(6,835)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(8,057)	(6,837)
Shareholders' funds		(8,055)	(6,835)

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 12 December 2016

And signed on their behalf by:
S B Saurabh, Director

ARCO IRIS LIMITED Registered Number 03961117

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 January 2015.

Turnover policy
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.

Other accounting policies
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.

Going Concern
At the year end, the company's total liabilities exceeded its total assets. The accounts are prepared under going concern basis presuming continuous support from its director.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2