Abbreviated Company Accounts - AURIGA SB LIMITED

Registered Number 05203791

AURIGA SB LIMITED

Abbreviated Accounts

31 December 2015

AURIGA SB LIMITED Registered Number 05203791

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	29,571	59,142
Tangible assets	3	202,691	40,098
		232,262	99,240
Current assets
Stocks		133,806	117,999
Debtors		340,675	265,121
		474,481	383,120
Creditors: amounts falling due within one year		(333,937)	(266,693)
Net current assets (liabilities)		140,544	116,427
Total assets less current liabilities		372,806	215,667
Creditors: amounts falling due after more than one year		(374,500)	(250,000)
Total net assets (liabilities)		(1,694)	(34,333)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(1,794)	(34,433)
Shareholders' funds		(1,694)	(34,333)

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 9 June 2016

And signed on their behalf by:
J A Smith, Director

AURIGA SB LIMITED Registered Number 05203791

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.

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

Tangible assets depreciation policy
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 is expected useful life, as follows:

Plant and machinery 15% on cost
Fixtures, fittings & equipment 15% on cost
Motor vehicles 25% on cost

Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 January 2015	295,710
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	295,710
Amortisation
At 1 January 2015	236,568
Charge for the year	29,571
On disposals	-
At 31 December 2015	266,139
Net book values
At 31 December 2015	29,571
At 31 December 2014	59,142

3Tangible fixed assets

	£
Cost
At 1 January 2015	83,595
Additions	191,321
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	274,916
Depreciation
At 1 January 2015	43,497
Charge for the year	28,728
On disposals	-
At 31 December 2015	72,225
Net book values
At 31 December 2015	202,691
At 31 December 2014	40,098