Registered Number 05334399

DATANET SOLUTIONS LIMITED

Abbreviated Accounts

31 January 2015

DATANET SOLUTIONS LIMITED Registered Number 05334399

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 23,640 23,010
23,640 23,010
Current assets
Stocks 5,203 36,126
Debtors 50,573 19,630
Cash at bank and in hand 61,768 -
117,544 55,756
Creditors: amounts falling due within one year (124,796) (78,617)
Net current assets (liabilities) (7,252) (22,861)
Total assets less current liabilities 16,388 149
Total net assets (liabilities) 16,388 149
Capital and reserves
Called up share capital 3 4 4
Profit and loss account 16,384 145
Shareholders' funds 16,388 149
  • For the year ending 31 January 2015 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 14 September 2015

And signed on their behalf by:
R Lewis, Director

DATANET SOLUTIONS LIMITED Registered Number 05334399

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% reducing line

2Tangible fixed assets
£
Cost
At 1 February 2014 48,344
Additions 4,801
Disposals -
Revaluations -
Transfers -
At 31 January 2015 53,145
Depreciation
At 1 February 2014 25,334
Charge for the year 4,171
On disposals -
At 31 January 2015 29,505
Net book values
At 31 January 2015 23,640
At 31 January 2014 23,010
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
4 Ordinary shares of £1 each 4 4