Abbreviated Company Accounts - AURIGA SB LIMITED
Abbreviated Company Accounts - AURIGA SB LIMITED
Registered Number 05203791
AURIGA SB LIMITED
Abbreviated Accounts
31 December 2013
AURIGA SB LIMITED Registered Number 05203791
Abbreviated Balance Sheet as at 31 December 2013
Notes | 2013 | 2012 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital |
|
|
|
Profit and loss account |
( |
( |
|
Shareholders' funds |
( |
( |
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
And signed on their behalf by:
AURIGA SB LIMITED Registered Number 05203791
Notes to the Abbreviated Accounts for the period ended 31 December 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Motor vehicles 25% on cost
Equipment, fixtures and fittings 15% on cost
Plant and machinery 15% on cost
Other accounting policies
Cost of raw materials is determined on the first in first out basis. In the case of work in progress and finished goods, cost includes all direct expenditure and production overheads based on the normal level of activity. Net realisable value is the price at which the stock can be released in the normal course of business, less further costs to completion of sale.
Assets acquired under hire purchase agreements and finance leases are capitalised in the balance sheet and are depreciated in accordance with the company's normal policy. The outstanding liabilities under such agreements less interest not yet due are included in creditors. Interest on such agreements is charged to the profit and loss account over the term of each agreement and represents a constant proportion of the balance of capital repayments outstanding.
£ | |
---|---|
Cost | |
At 1 January 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 December 2013 |
|
Amortisation | |
At 1 January 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 December 2013 |
|
Net book values | |
At 31 December 2013 | 88,713 |
At 31 December 2012 | 118,284 |
£ | |
---|---|
Cost | |
At 1 January 2013 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 December 2013 |
|
Depreciation | |
At 1 January 2013 |
|
Charge for the year |
|
On disposals |
( |
At 31 December 2013 |
|
Net book values | |
At 31 December 2013 | 46,174 |
At 31 December 2012 | 44,289 |