Addspace Building Limited - Limited company - abbreviated

REGISTERED NUMBER: 08473292 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Addspace Building Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W R S Fulham

SECRETARY:

REGISTERED OFFICE:

156 Main Road

Biggin Hill

Kent

TN16 3BA

REGISTERED NUMBER:

08473292 (England and Wales)

ACCOUNTANTS:

AFS Accountants

Bank Chambers

156 Main Road

Biggin Hill

Kent

TN16 3BA

FIXED ASSETS

Intangible assets

2

6,000

8,000

Tangible assets

3

9,705

14,557

15,705

22,557

CURRENT ASSETS

Stocks

12,287

-

Cash at bank

2,314

3,972

14,601

3,972

CREDITORS

Amounts falling due within one year

29,968

32,413

NET CURRENT LIABILITIES

(15,367

)

(28,441

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

338

(5,884

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

337

(5,885

)

SHAREHOLDERS' FUNDS

338

(5,884

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 20 January 2016 and were signed by:

W R S Fulham - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

10,000

AMORTISATION

At 1 May 2014

2,000

Amortisation for year

2,000

At 30 April 2015

4,000

NET BOOK VALUE

At 30 April 2015

6,000

At 30 April 2014

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

19,410

DEPRECIATION

At 1 May 2014

4,853

Charge for year

4,852

At 30 April 2015

9,705

NET BOOK VALUE

At 30 April 2015

9,705

At 30 April 2014

14,557

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

1

ordinary

1

Addspace Building Limited - Limited company - abbreviated - 11.9

Addspace Building Limited - Limited company - abbreviated - 11.9