Abbreviated Company Accounts - AMG POWERTEC LIMITED

AMG POWERTEC LIMITED - Company Information

08042119 AMG POWERTEC LIMITED 2013-04-30 false 2012-04-23 2013-04-30 true 08042119 2012-04-23 2013-04-30 08042119 2013-04-30 08042119 uk-gaap-cd-bus:Director1 2012-04-23 2013-04-30 08042119 uk-gaap-cd-bus:Director2 2012-04-23 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-23 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:USD shares

Registered Number 08042119

AMG POWERTEC LIMITED

Abbreviated Accounts

30 April 2013

AMG POWERTEC LIMITED Registered Number 08042119

Abbreviated Balance Sheet as at 30 April 2013

	Notes	2013
		$
Current assets
Debtors	2	3
Cash at bank and in hand		379,804
		379,807
Creditors: amounts falling due within one year		(1,750)
Net current assets (liabilities)		378,057
Total assets less current liabilities		378,057
Creditors: amounts falling due after more than one year		(393,007)
Total net assets (liabilities)		(14,950)
Capital and reserves
Called up share capital	3	3
Profit and loss account		(14,953)
Shareholders' funds		(14,950)

For the year ending 30 April 2013 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 7 July 2014

And signed on their behalf by:
Michael Gordon, Director

AMG POWERTEC LIMITED Registered Number 08042119

Notes to the Abbreviated Accounts for the period ended 30 April 2013

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.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Debtors

	2013 $
Debtors include the following amounts due after more than one year	3

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

	2013 $
2 Ordinary shares of $1.60 each	3

Share capital consists of 2 shares bearing £1 par value each. The agreed USD equivalent is $1.60.