Abbreviated Company Accounts - PERSAVITA LTD

Registered Number 07470419

PERSAVITA LTD

Abbreviated Accounts

31 December 2013

PERSAVITA LTD Registered Number 07470419

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	13,863	8,155
		13,863	8,155
Current assets
Stocks		3,563	1,699
Debtors		2,514	1,068
Cash at bank and in hand		8,229	5,348
		14,306	8,115
Creditors: amounts falling due within one year		(4,124)	(180)
Net current assets (liabilities)		10,182	7,935
Total assets less current liabilities		24,045	16,090
Creditors: amounts falling due after more than one year		(5,600)	-
Total net assets (liabilities)		18,445	16,090
Capital and reserves
Called up share capital		30,500	30,500
Profit and loss account		(12,055)	(14,410)
Shareholders' funds		18,445	16,090

For the year ending 31 December 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 13 August 2014

And signed on their behalf by:
Mahmood Piraee, Director

PERSAVITA LTD Registered Number 07470419

Notes to the Abbreviated Accounts for the period ended 31 December 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
Stocks
Stock is valued at the lower of cost and net realisable value after giving due consideration for obselete stock.

2Intangible fixed assets

	£
Cost
At 1 January 2013	8,155
Additions	5,708
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	13,863
Amortisation
At 1 January 2013	-
Charge for the year	-
On disposals	-
At 31 December 2013	-
Net book values
At 31 December 2013	13,863
At 31 December 2012	8,155

Intangible assets relate to patent applications held by the company. These are valued at cost.