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REGISTERED NUMBER: 04602091









Abbreviated Accounts

for the Year Ended 31 March 2016

for

Asquith Venture Limited
Asquith Venture Limited (Registered number: 04602091)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3
Asquith Venture Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: J S Freedman
Mrs R S Freedman





SECRETARY: Mrs R S Freedman





REGISTERED OFFICE: 28 Church Road
Stanmore
HA7 4XR





REGISTERED NUMBER: 04602091





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR
Asquith Venture Limited (Registered number: 04602091)

Abbreviated Balance Sheet
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 689 488

CURRENT ASSETS
Debtors 7,376 8,281
Cash at bank 45,321 49,516
52,697 57,797
CREDITORS
Amounts falling due within one year 10,988 5,451
NET CURRENT ASSETS 41,709 52,346
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,398

52,834

CAPITAL AND RESERVES
Called up share capital 3 200 200
Profit and loss account 42,198 52,634
SHAREHOLDERS' FUNDS 42,398 52,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 May 2016 and were signed on its
behalf by:




Mrs R S Freedman - Director



J S Freedman - Director

Asquith Venture Limited (Registered number: 04602091)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of 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.

Fixtures and fittings - 25% Straight line

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 2015 1,203
Additions 667
At 31 March 2016 1,870
DEPRECIATION
At 1 April 2015 715
Charge for year 466
At 31 March 2016 1,181
NET BOOK VALUE
At 31 March 2016 689
At 31 March 2015 488

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
200 Ordinary 1 200 200

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