Virtual Data Centre Services Limited - Abbreviated accounts

VIRTUAL DATA CENTRE SERVICES LIMITED - Company Information

Registered number

07238621

Virtual Data Centre Services Limited

Abbreviated Accounts

30 April 2016

Virtual Data Centre Services Limited
Registered number:		07238621
Abbreviated Balance Sheet
as at 30 April 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		158,315			61,080

Current assets
Debtors		160,461			184,296
Cash at bank and in hand		56,411			86,642
		216,872			270,938

Creditors: amounts falling due within one year		(138,967)			(214,492)

Net current assets			77,905			56,446

Total assets less current liabilities			236,220			117,526

Creditors: amounts falling due after more than one year			(73,693)			-



Net assets			162,527			117,526

Capital and reserves
Called up share capital	3		300			300
Profit and loss account			162,227			117,226

Shareholders' funds			162,527			117,526

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



R May
Director
Approved by the board on 8 June 2016

Virtual Data Centre Services Limited
Notes to the Abbreviated Accounts
for the year ended 30 April 2016

1	Accounting policies

	Basis of preparation
	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
	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.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Equipment			3 - 5 years straight line

	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.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets					£

	Cost
	At 1 May 2015					167,168
	Additions					158,180
	At 30 April 2016					325,348

	Depreciation
	At 1 May 2015					106,088
	Charge for the year					60,945
	At 30 April 2016					167,033

	Net book value
	At 30 April 2016					158,315
	At 30 April 2015					61,080


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		300		300		300