Abbreviated Company Accounts - POP TELECOM LIMITED

Abbreviated Company Accounts - POP TELECOM LIMITED

POP TELECOM LIMITED - Company Information

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Registered Number 07600992

POP TELECOM LIMITED

Abbreviated Accounts

31 March 2016

POP TELECOM LIMITED Registered Number 07600992

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 512 640
512 640
Current assets
Debtors 603,928 432,195
Cash at bank and in hand 50,006 13,448
653,934 445,643
Creditors: amounts falling due within one year (416,149) (334,880)
Net current assets (liabilities) 237,785 110,763
Total assets less current liabilities 238,297 111,403
Provisions for liabilities (92) (128)
Total net assets (liabilities) 238,205 111,275
Capital and reserves
Called up share capital 8 8
Profit and loss account 238,197 111,267
Shareholders' funds 238,205 111,275
  • 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 23 December 2016

And signed on their behalf by:
D Curran, Director

POP TELECOM LIMITED Registered Number 07600992

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 revenue recognised by the company in respect of goods and services supplied during the year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 20% straight line

2Tangible fixed assets
£
Cost
At 1 April 2015 800
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 800
Depreciation
At 1 April 2015 160
Charge for the year 128
On disposals -
At 31 March 2016 288
Net book values
At 31 March 2016 512
At 31 March 2015 640