BizSheet Ltd - Filleted accounts

Registered number

09894043

BizSheet Ltd

Filleted Accounts

30 November 2016

BizSheet Ltd
Registered number:		09894043
Balance Sheet
as at 30 November 2016

Notes			2016
£
Creditors: amounts falling due within one year	2	(1,139)

Net current liabilities			(1,139)

Net liabilities			(1,139)

Capital and reserves
Called up share capital			10
Profit and loss account			(1,149)

Shareholders' funds			(1,139)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Kasilingam Yohamoorty
Director
Approved by the board on 23 August 2017

BizSheet Ltd
Notes to the Accounts
for the period from 30 November 2015 to 30 November 2016


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Creditors: amounts falling due within one year	2016
£

	Other creditors	1,139