Spoken Network Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03971327 (England and Wales)

Abbreviated Accounts for the Year Ended 31 October 2016

for

Spoken Network Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P G Smithson

L S Smithson

REGISTERED OFFICE:

Unit C, The Stables, The Avenue

Home Farm

Esholt

Bradford

West Yorkshire

BD10 7QX

REGISTERED NUMBER:

03971327 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Oakford House

291 Low Lane

Horsforth

Leeds

West Yorkshire

LS18 5NU

CURRENT ASSETS

Debtors

85,080

Cash at bank

(4

)

(4

)

85,076

CREDITORS

Amounts falling due within one year

3,316

NET CURRENT ASSETS

81,760

TOTAL ASSETS LESS CURRENT
LIABILITIES

81,760

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

81,758

SHAREHOLDERS' FUNDS

81,760

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 12 July 2017 and were signed on its behalf by:

P G Smithson - 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).

The company was dormant throughout the current year and previous year.

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

-

20% on reducing balance

Computer equipment

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

42,570

DEPRECIATION

At 1 November 2015

and 31 October 2016

42,570

NET BOOK VALUE

At 31 October 2016

-

At 31 October 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

2

Ordinary

£1

2