Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Phone-In Communications Limited
(Registration number: 06216033)
Abbreviated Balance Sheet at 30 April 2015
Note |
2015
|
2014
|
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Fixed assets |
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Tangible fixed assets |
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|
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Current assets |
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Stocks |
|
|
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Debtors |
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|
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Cash at bank and in hand |
- |
|
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|
|
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets/(liabilities) |
|
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
|
( |
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Shareholders' funds/(deficit) |
|
( |
Approved by the Board on
.........................................
D F Toye
Director
1
Phone-In Communications Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on the going concern basis which assumes that income from future sales will continue at an adequate rate to meet the companies liabilities as they arise.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their useful econimic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
|
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their useful econimic life as follows:
Asset class |
Depreciation method and rate |
Computer equipment |
|
Fixtures, fittings and equipment |
|
Stock
Deferred tax
Phone-In Communications Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Hire purchase and leasing
Financial instruments
Fixed assets |
Intangible assets
|
Tangible assets
|
Total
|
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Cost |
|||||||||
At 1 May 2014 |
30,000 |
34,279 |
64,279 |
||||||
At 30 April 2015 |
30,000 |
34,279 |
64,279 |
||||||
Depreciation |
|||||||||
At 1 May 2014 |
30,000 |
33,731 |
63,731 |
||||||
Charge for the year |
- |
137 |
137 |
||||||
At 30 April 2015 |
30,000 |
33,868 |
63,868 |
||||||
Net book value |
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At 30 April 2015 |
- |
|
|
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At 30 April 2014 |
- |
|
|
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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|
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Phone-In Communications Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued
Related party transactions |
Directors' advances and credits |
2015 |
2015 |
2014 |
2014 |
|
D F Toye |
||||
|
|
|
39,364 |
- |
A A Toye |
||||
|
|
|
39,364 |
- |