Abbreviated Company Accounts - VERITAS PARTNERSHIP LTD

VERITAS PARTNERSHIP LTD - Company Information

05593723 VERITAS PARTNERSHIP LTD 2016-10-31 false 2015-11-01 2016-10-31 true 05593723 2015-11-01 2016-10-31 05593723 2016-10-31 05593723 2015-10-31 05593723 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 05593723 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 05593723

VERITAS PARTNERSHIP LTD

Abbreviated Accounts

31 October 2016

VERITAS PARTNERSHIP LTD Registered Number 05593723

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	17,000	17,000
Tangible assets	3	238,203	237,555
		255,203	254,555
Current assets
Debtors		53,810	61,063
Cash at bank and in hand		164,674	114,858
		218,484	175,921
Creditors: amounts falling due within one year		(115,380)	(115,851)
Net current assets (liabilities)		103,104	60,070
Total assets less current liabilities		358,307	314,625
Creditors: amounts falling due after more than one year		(132,167)	(140,386)
Total net assets (liabilities)		226,140	174,239
Capital and reserves
Called up share capital	4	4	4
Profit and loss account		226,136	174,235
Shareholders' funds		226,140	174,239

For the year ending 31 October 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 30 March 2017

And signed on their behalf by:
M GORMAN, Director
MRS N STAPLETON, Director

VERITAS PARTNERSHIP LTD Registered Number 05593723

Notes to the Abbreviated Accounts for the period ended 31 October 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.

2Intangible fixed assets

	£
Cost
At 1 November 2015	17,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	17,000
Amortisation
At 1 November 2015	-
Charge for the year	-
On disposals	-
At 31 October 2016	-
Net book values
At 31 October 2016	17,000
At 31 October 2015	17,000

3Tangible fixed assets

	£
Cost
At 1 November 2015	261,245
Additions	4,742
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	265,987
Depreciation
At 1 November 2015	23,690
Charge for the year	4,094
On disposals	-
At 31 October 2016	27,784
Net book values
At 31 October 2016	238,203
At 31 October 2015	237,555

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4