Abbreviated Company Accounts - ELITEPLUS UK TECHNOLOGY LIMITED

CHIPLOGIC TECHNOLOGIES LIMITED - Company Information

08909627 ELITEPLUS UK TECHNOLOGY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08909627 2015-04-01 2016-03-31 08909627 2016-03-31 08909627 2015-03-31 08909627 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08909627 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08909627

ELITEPLUS UK TECHNOLOGY LIMITED

Abbreviated Accounts

31 March 2016

ELITEPLUS UK TECHNOLOGY LIMITED Registered Number 08909627

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	204	407
		204	407
Current assets
Debtors		-	3,813
Cash at bank and in hand		3,957	4,889
		3,957	8,702
Creditors: amounts falling due within one year		(9,331)	(8,879)
Net current assets (liabilities)		(5,374)	(177)
Total assets less current liabilities		(5,170)	230
Total net assets (liabilities)		(5,170)	230
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(5,270)	130
Shareholders' funds		(5,170)	230

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 28 January 2017

And signed on their behalf by:
Ranganath Kempanahally, Director

ELITEPLUS UK TECHNOLOGY LIMITED Registered Number 08909627

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 April 2008.

Turnover policy
Turnover represents the total value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life at 25% pa straight line basis.

Other accounting policies
Foreign currencies. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transaction. All differences are taken to the Profit and Loss Account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	610
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	610
Depreciation
At 1 April 2015	203
Charge for the year	203
On disposals	-
At 31 March 2016	406
Net book values
At 31 March 2016	204
At 31 March 2015	407

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 A Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Ranganath Kempanahally
Description of the transaction:	Director's loan
Balance at 1 April 2015:	£ 3,813
Advances or credits made:	-
Advances or credits repaid:	£ 3,813
Balance at 31 March 2016:	£ 0