Anovate Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06948410 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

ANOVATE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr I Ahmed

REGISTERED OFFICE:

7 Dell Court

8 Green Lane

Northwood

Middlesex

HA6 2UT

REGISTERED NUMBER:

06948410 (England and Wales)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

FIXED ASSETS

Tangible assets

2

642

855

CURRENT ASSETS

Debtors

833

284,568

Cash at bank

140,000

-

140,833

284,568

CREDITORS

Amounts falling due within one year

141,754

14,802

NET CURRENT (LIABILITIES)/ASSETS

(921

)

269,766

TOTAL ASSETS LESS CURRENT LIABILITIES

(279

)

270,621

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(281

)

270,619

SHAREHOLDERS' FUNDS

(279

)

270,621

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 21 December 2016 and were signed by:

Mr I Ahmed - 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 the net invoiced sales of services, excluding value added tax, and after adjustment for the movement

in work in progress.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

3,479

DEPRECIATION

At 1 April 2015

2,624

Charge for year

213

At 31 March 2016

2,837

NET BOOK VALUE

At 31 March 2016

642

At 31 March 2015

855

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2016 and the period ended

31 March 2015:

31.3.16

31.3.15

£

£

Mr I Ahmed

Balance outstanding at start of year

284,568

288,651

Amounts repaid

(284,568

)

(4,083

)

Balance outstanding at end of year

-

284,568