Exotech Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08999052 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

EXOTECH LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M W Saul

REGISTERED OFFICE:

9 Woodside

Crick

Matlock

Derbyshire

DE4 5FX

REGISTERED NUMBER:

08999052 (England and Wales)

ACCOUNTANTS:

Smith Cooper Limited

Chartered Accountants

St Helen's House

King Street

Derby

DE1 3EE

FIXED ASSETS

Tangible assets

2

7,050

8,521

CURRENT ASSETS

Debtors

2,303

1,305

Cash at bank

2,362

-

4,665

1,305

CREDITORS

Amounts falling due within one year

11,549

9,521

NET CURRENT LIABILITIES

(6,884

)

(8,216

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

166

305

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

66

205

SHAREHOLDERS' FUNDS

166

305

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 January 2017 and were signed by:

M W Saul - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, and is

recognised when goods and services are provided.

Tangible fixed assets

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 cost and 15% on cost

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

10,295

Additions

979

At 30 April 2016

11,274

DEPRECIATION

At 1 May 2015

1,774

Charge for year

2,450

At 30 April 2016

4,224

NET BOOK VALUE

At 30 April 2016

7,050

At 30 April 2015

8,521

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100