Adamas Project Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08575130 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2016

FOR

ADAMAS PROJECT SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss L Wei

REGISTERED OFFICE:

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

REGISTERED NUMBER:

08575130 (England and Wales)

ACCOUNTANTS:

NJR Accountancy Services Limited

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

FIXED ASSETS

Tangible assets

2

268

357

CURRENT ASSETS

Debtors

-

11,550

Cash at bank

43,860

75,191

43,860

86,741

CREDITORS

Amounts falling due within one year

4,360

46,404

NET CURRENT ASSETS

39,500

40,337

TOTAL ASSETS LESS CURRENT LIABILITIES

39,768

40,694

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

39,764

40,690

SHAREHOLDERS' FUNDS

39,768

40,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 19th January 2017 and were signed by:

Miss L Wei - 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 services, 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.

Computer equipment

-

25% on reducing balance

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st July 2015

and 30th June 2016

634

DEPRECIATION

At 1st July 2015

277

Charge for year

89

At 30th June 2016

366

NET BOOK VALUE

At 30th June 2016

268

At 30th June 2015

357

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

4

Ordinary

£1

4