ZALTRON_LIMITED - Accounts

ZALTRON LIMITED - Company Information

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Company Registration No. 03798154 (England and Wales)

ZALTRON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

ZALTRON LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ZALTRON LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

5,445

7,387

Current assets

Stocks

1,500

Debtors

4,663

5,071

Cash at bank and in hand

8,372

10,007

14,535

16,578

Creditors: amounts falling due within one year

(18,851)

(17,600)

Net current liabilities

(4,316)

(1,022)

Total assets less current liabilities

1,129

6,365

Provisions for liabilities

(1,089)

(1,478)

4,887

Capital and reserves

Called up share capital

Profit and loss account

4,885

Shareholders' funds

4,887

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 1 March 2016

Mr J M Reynolds

Director

Company Registration No. 03798154

ZALTRON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Computer equipment

25% straight line

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 August 2014

26,515

Additions

1,002

Disposals

(407)

At 31 July 2015

27,110

Depreciation

At 1 August 2014

19,128

On disposals

(599)

Charge for the year

3,136

At 31 July 2015

21,665

Net book value

At 31 July 2015

5,445

At 31 July 2014

7,387

ZALTRON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary shares of £1 each