Advanced Showers International Limited - Limited company - abbreviated

REGISTERED NUMBER: 03009794 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2013

for

Advanced Showers International Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Directors:

M J Kiernan

M D McClennan

Registered office:

20 Quadrum Park

Old Portsmouth Road

Guildford

Surrey

GU3 1LU

Registered number:

03009794 (England and Wales)

FIXED ASSETS

Tangible assets

2

140,456

142,551

CURRENT ASSETS

Stocks

120,806

114,999

Debtors

97,195

77,112

Cash at bank

950,357

1,004,352

1,168,358

1,196,463

CREDITORS

Amounts falling due within one year

223,465

276,436

NET CURRENT ASSETS

944,893

920,027

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,085,349

1,062,578

CAPITAL AND RESERVES

Called up share capital

3

15,612

Share premium

179,360

Revaluation reserve

185,200

Profit and loss account

705,177

682,406

SHAREHOLDERS' FUNDS

1,085,349

1,062,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 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 7th August 2014 and were signed on its behalf by:

M J Kiernan - Director

M D McClennan - Director

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

Improvements to property - 20% on cost

Plant and machinery - 5% on cost

Fixtures and fittings - 20% on cost

Office equipment - 33% on cost

Motor vehicle - 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

281,043

Disposals

(6,100

)

At 31st December 2013

274,943

DEPRECIATION

At 1st January 2013

138,492

Charge for year

10,940

Eliminated on disposal

(14,945

)

At 31st December 2013

134,487

NET BOOK VALUE

At 31st December 2013

140,456

At 31st December 2012

142,551

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

15,592

Ordinary

1

15,612

10

Ordinary 'A'

1

-

10

Ordinary 'B'

1

-

15,612

Advanced Showers International Limited - Limited company - abbreviated - 11.0.0

Advanced Showers International Limited - Limited company - abbreviated - 11.0.0