Abbreviated Company Accounts - ALBANY RISK LIMITED

Abbreviated Company Accounts - ALBANY RISK LIMITED


Registered Number 05993707

ALBANY RISK LIMITED

Abbreviated Accounts

31 December 2014

ALBANY RISK LIMITED Registered Number 05993707

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 19,085 28,375
19,085 28,375
Current assets
Debtors 13,028 7,275
Cash at bank and in hand 1,456 6,759
14,484 14,034
Prepayments and accrued income - 2,396
Creditors: amounts falling due within one year (16,215) (17,397)
Net current assets (liabilities) (1,731) (967)
Total assets less current liabilities 17,354 27,408
Total net assets (liabilities) 17,354 27,408
Capital and reserves
Called up share capital 3 2 4
Profit and loss account 17,352 27,404
Shareholders' funds 17,354 27,408
  • For the year ending 31 December 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 22 September 2015

And signed on their behalf by:
S Griffiths, Director
A Richards, Director

ALBANY RISK LIMITED Registered Number 05993707

Notes to the Abbreviated Accounts for the period ended 31 December 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 net invoiced sales of goods and services, excluding value added tax,

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: -

Plant and machinery etc - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 47,164
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 47,164
Depreciation
At 1 January 2014 18,789
Charge for the year 9,290
On disposals -
At 31 December 2014 28,079
Net book values
At 31 December 2014 19,085
At 31 December 2013 28,375
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each (4 shares for 2013) 2 4