Help4IT Ltd - Limited company - abbreviated

REGISTERED NUMBER: 05336413

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Help4IT Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M J Patel

SECRETARY:

M J Patel

REGISTERED OFFICE:

61 Queen Street

London

EC4R 1AF

REGISTERED NUMBER:

05336413

ACCOUNTANTS:

Richard Morgan and Company

Chartered Accountants

59 Victoria Road

Surbiton

Surrey

KT6 4NQ

FIXED ASSETS

Tangible assets

2

28,303

34,331

CURRENT ASSETS

Debtors

303,368

156,116

Cash at bank

53,616

82,138

356,984

238,254

CREDITORS

Amounts falling due within one year

255,368

141,475

NET CURRENT ASSETS

101,616

96,779

TOTAL ASSETS LESS CURRENT
LIABILITIES

129,919

131,110

CREDITORS

Amounts falling due after more than one
year

-

10,054

NET ASSETS

129,919

121,056

CAPITAL AND RESERVES

Called up share capital

3

48,000

Profit and loss account

81,919

73,056

SHAREHOLDERS' FUNDS

129,919

121,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 26 November 2014 and were signed by:

M J Patel - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Plant and Equipment

-

33.3% 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.

2.	TANGIBLE FIXED ASSETS

Plant and

Equipment

£

COST

At 1 April 2013

108,313

Additions

25,453

Disposals

(1,556

)

At 31 March 2014

132,210

DEPRECIATION

At 1 April 2013

73,982

Charge for year

31,481

Eliminated on disposal

(1,556

)

At 31 March 2014

103,907

NET BOOK VALUE

At 31 March 2014

28,303

At 31 March 2013

34,331

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

48,000

"A" Ordinary shares

£1

48,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

M J Patel

Balance outstanding at start of year

-

Amounts advanced

3,279

-

Amounts repaid

-

Balance outstanding at end of year

3,279

-

Help4IT Ltd - Limited company - abbreviated - 11.6

Help4IT Ltd - Limited company - abbreviated - 11.6