Abbreviated Company Accounts - ADVANCE SATELLITE SERVICES LIMITED

Abbreviated Company Accounts - ADVANCE SATELLITE SERVICES LIMITED

ADVANCE SATELLITE SERVICES LIMITED - Company Information

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Registered Number 05318024

ADVANCE SATELLITE SERVICES LIMITED

Abbreviated Accounts

31 December 2015

ADVANCE SATELLITE SERVICES LIMITED Registered Number 05318024

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 18,505 15,423
18,505 15,423
Current assets
Debtors 20,623 75,628
Cash at bank and in hand 81,066 56,652
101,689 132,280
Creditors: amounts falling due within one year (27,879) (37,728)
Net current assets (liabilities) 73,810 94,552
Total assets less current liabilities 92,315 109,975
Provisions for liabilities (3,786) (2,732)
Total net assets (liabilities) 88,529 107,243
Capital and reserves
Called up share capital 103 103
Profit and loss account 88,426 107,140
Shareholders' funds 88,529 107,243
  • For the year ending 31 December 2015 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 March 2016

And signed on their behalf by:
Mr M Mannion, Director

ADVANCE SATELLITE SERVICES LIMITED Registered Number 05318024

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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.

Tangible assets depreciation policy
Plant & machinery 20% reducing balance method
Fixtures, fittings & equipment 20% reducing balance method
Motor vehicles 25% reducing balance method

2Tangible fixed assets
£
Cost
At 1 January 2015 49,842
Additions 10,854
Disposals (5,000)
Revaluations -
Transfers -
At 31 December 2015 55,696
Depreciation
At 1 January 2015 34,419
Charge for the year 6,399
On disposals (3,627)
At 31 December 2015 37,191
Net book values
At 31 December 2015 18,505
At 31 December 2014 15,423