Abbreviated Company Accounts - VEPAY CONSULTANTS LIMITED

Abbreviated Company Accounts - VEPAY CONSULTANTS LIMITED

VEPAY CONSULTANTS LIMITED - Company Information

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Registered Number 08068978

VEPAY CONSULTANTS LIMITED

Abbreviated Accounts

31 May 2016

VEPAY CONSULTANTS LIMITED Registered Number 08068978

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 210 247
Investments - -
210 247
Current assets
Stocks - -
Debtors 6,300 4,100
Investments - -
Cash at bank and in hand 1,235 1,271
7,535 5,371
Prepayments and accrued income - -
Creditors: amounts falling due within one year (2,281) (3,180)
Net current assets (liabilities) 5,254 2,191
Total assets less current liabilities 5,464 2,438
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 5,464 2,438
Capital and reserves
Called up share capital 100 100
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 2,178 160
Profit and loss account 3,186 2,178
Shareholders' funds 5,464 2,438
  • For the year ending 31 May 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 March 2017

And signed on their behalf by:
Sujatha Makeswaran, Director

VEPAY CONSULTANTS LIMITED Registered Number 08068978

Notes to the Abbreviated Accounts for the period ended 31 May 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 invoiced value of services net of tax and discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives office equipment - 15%

2Tangible fixed assets
£
Cost
At 1 June 2015 291
Additions 0
Disposals 0
Revaluations 0
Transfers -
At 31 May 2016 291
Depreciation
At 1 June 2015 44
Charge for the year 37
On disposals 0
At 31 May 2016 81
Net book values
At 31 May 2016 210
At 31 May 2015 247