Abbreviated Company Accounts - EDT SOLUTIONS LTD

05741130 EDT SOLUTIONS LTD 2014-03-31 false 2013-04-01 2014-03-31 true 05741130 2013-04-01 2014-03-31 05741130 2014-03-31 05741130 2013-03-31 05741130 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05741130 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05741130

EDT SOLUTIONS LTD

Abbreviated Accounts

31 March 2014

EDT SOLUTIONS LTD Registered Number 05741130

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	30,473	18,130
		30,473	18,130
Current assets
Stocks		4,000	4,300
Debtors		87,174	96,431
Cash at bank and in hand		135,172	47,546
		226,346	148,277
Creditors: amounts falling due within one year		(69,820)	(35,944)
Net current assets (liabilities)		156,526	112,333
Total assets less current liabilities		186,999	130,463
Total net assets (liabilities)		186,999	130,463
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		186,989	130,453
Shareholders' funds		186,999	130,463

For the year ending 31 March 2014 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 11 December 2014

And signed on their behalf by:
I L Holmes Brown, Director

EDT SOLUTIONS LTD Registered Number 05741130

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:

Plant and machinery - 25% reducing balance basis
Fixtures fittings and equipment - 25% reducing balance basis
Motor vehicles - 25% reducing balance basis

Other accounting policies
LEASING
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

STOCK
Stock is valued at the lower of cost and net realisable value.

PENSIONS
The pension costs charged in the financial statements represent the contribution payable by the company during the year. The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees' service lives on the basis of a constant percentage of earnings.

2Tangible fixed assets

	£
Cost
At 1 April 2013	32,117
Additions	18,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	50,117
Depreciation
At 1 April 2013	13,987
Charge for the year	5,657
On disposals	-
At 31 March 2014	19,644
Net book values
At 31 March 2014	30,473
At 31 March 2013	18,130

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10