Abbreviated Company Accounts - NETSPACE ONLINE LIMITED

NETSPACE ONLINE LIMITED - Company Information

Registered Number 04366597

NETSPACE ONLINE LIMITED

Abbreviated Accounts

31 March 2014

NETSPACE ONLINE LIMITED Registered Number 04366597

Abbreviated Balance Sheet as at 31 March 2014

	2014	2013
	£	£
Current assets
Debtors	3,296	4,208
Cash at bank and in hand	5,311	6,578
	8,607	10,786
Creditors: amounts falling due within one year	(280)	(581)
Net current assets (liabilities)	8,327	10,205
Total assets less current liabilities	8,327	10,205
Total net assets (liabilities)	8,327	10,205
Capital and reserves
Called up share capital	40	40
Profit and loss account	8,287	10,165
Shareholders' funds	8,327	10,205

For the year ending 31 March 2014 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 27 October 2014

And signed on their behalf by:
T A Ahmed, Director

NETSPACE ONLINE LIMITED Registered Number 04366597

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 April 2008.

Turnover policy
Turnover represents net invoiced sales of goods.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance