BI Software Technologies Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04515130

Abbreviated Accounts for the Year Ended 31 August 2016

for

BI SOFTWARE TECHNOLOGIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R VELAN

SECRETARY:

G VENKATESWARAN

REGISTERED OFFICE:

38 ACADEMY WAY

DAGENHAM

ESSEX

RM8 2BF

REGISTERED NUMBER:

04515130

FIXED ASSETS

Tangible assets

2

20

460

CURRENT ASSETS

Cash at bank

90,002

99,278

CREDITORS

Amounts falling due within one year

(103,465

)

(98,775

)

NET CURRENT (LIABILITIES)/ASSETS

(13,463

)

503

TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,443

)

963

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(13,543

)

863

SHAREHOLDERS' FUNDS

(13,443

)

963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 May 2017 and were signed by:

R VELAN - 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).

Turnover

Turnover comprises fees for providing software consultancy services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

at varying rates on cost

Computer equipment

-

at varying rates on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

10,950

Additions

499

At 31 August 2016

11,449

DEPRECIATION

At 1 September 2015

10,490

Charge for year

939

At 31 August 2016

11,429

NET BOOK VALUE

At 31 August 2016

20

At 31 August 2015

460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1

100