Abbreviated Company Accounts - BINARY DEVELOPMENTS LIMITED

05580603 BINARY DEVELOPMENTS LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 05580603 2014-11-01 2015-10-31 05580603 2015-10-31 05580603 2014-10-31 05580603 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 05580603 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 05580603

BINARY DEVELOPMENTS LIMITED

Abbreviated Accounts

31 October 2015

BINARY DEVELOPMENTS LIMITED Registered Number 05580603

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	103	211
		103	211
Current assets
Debtors		349	1,337
Cash at bank and in hand		17,318	15,599
		17,667	16,936
Creditors: amounts falling due within one year		(12,279)	(11,261)
Net current assets (liabilities)		5,388	5,675
Total assets less current liabilities		5,491	5,886
Total net assets (liabilities)		5,491	5,886
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		5,391	5,786
Shareholders' funds		5,491	5,886

For the year ending 31 October 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 5 July 2016

And signed on their behalf by:
Mr C W Pang, Director

BINARY DEVELOPMENTS LIMITED Registered Number 05580603

Notes to the Abbreviated Accounts for the period ended 31 October 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 total invoice value of fees receivable for the period net of VAT.

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:

Fixtures, fittings and equipment - 50% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2014	4,394
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	4,394
Depreciation
At 1 November 2014	4,183
Charge for the year	108
On disposals	-
At 31 October 2015	4,291
Net book values
At 31 October 2015	103
At 31 October 2014	211

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100