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REGISTERED NUMBER: 05790317 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

ITC (TELECOMS SIMPLIFIED) LIMITED
ITC (TELECOMS SIMPLIFIED) LIMITED (REGISTERED NUMBER: 05790317)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3
ITC (TELECOMS SIMPLIFIED) LIMITED

COMPANY INFORMATION
for the year ended 31 March 2014







DIRECTOR: Nasar Hussain





REGISTERED OFFICE: Unit 3, Listerhills Science Park
Campus Road
Bradford
West Yorkshire
BD7 1HR





REGISTERED NUMBER: 05790317 (England and Wales)





ACCOUNTANTS: Rajeev Accountants
19 Bolling Road
Bradford
West Yorkshire
BD4 7BG
ITC (TELECOMS SIMPLIFIED) LIMITED (REGISTERED NUMBER: 05790317)

ABBREVIATED BALANCE SHEET
31 March 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 12,809 12,810

CURRENT ASSETS
Stocks 9,720 -
Debtors 8,133 12,288
Cash at bank 50,940 37,883
68,793 50,171
CREDITORS
Amounts falling due within one year 22,517 12,708
NET CURRENT ASSETS 46,276 37,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,085

50,273

PROVISIONS FOR LIABILITIES 1,393 1,053
NET ASSETS 57,692 49,220

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 57,592 49,120
SHAREHOLDERS' FUNDS 57,692 49,220

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 19 December 2014 and were signed by:




Nasar Hussain - Director

ITC (TELECOMS SIMPLIFIED) LIMITED (REGISTERED NUMBER: 05790317)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2014

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, 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.

Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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
Total
£   
COST
At 1 April 2013 27,832
Additions 3,202
Disposals (1,680 )
At 31 March 2014 29,354
DEPRECIATION
At 1 April 2013 15,022
Charge for year 2,904
Eliminated on disposal (1,381 )
At 31 March 2014 16,545
NET BOOK VALUE
At 31 March 2014 12,809
At 31 March 2013 12,810

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary 1 100 100

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