Abbreviated Company Accounts - ORBIT ASSET MANAGEMENT LIMITED

Abbreviated Company Accounts - ORBIT ASSET MANAGEMENT LIMITED


Registered Number 07817997

ORBIT ASSET MANAGEMENT LIMITED

Abbreviated Accounts

31 August 2014

ORBIT ASSET MANAGEMENT LIMITED Registered Number 07817997

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Current assets
Debtors 55 1,316
Cash at bank and in hand 5,598 6,687
5,653 8,003
Creditors: amounts falling due within one year (500) (2,632)
Net current assets (liabilities) 5,153 5,371
Total assets less current liabilities 5,153 5,371
Total net assets (liabilities) 5,153 5,371
Capital and reserves
Called up share capital 2 1 1
Profit and loss account 5,152 5,370
Shareholders' funds 5,153 5,371
  • For the year ending 31 August 2014 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 28 May 2015

And signed on their behalf by:
Mr Bhupendra Shah, Director

ORBIT ASSET MANAGEMENT LIMITED Registered Number 07817997

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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 amounts receivable for services provided, net of sales tax.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1Ordinary shares of £1 each 1 1