Abbreviated Company Accounts - ATANE LIMITED

NI034947 ATANE LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true NI034947 2014-11-01 2015-10-31 NI034947 2015-10-31 NI034947 2014-10-31 NI034947 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 NI034947 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number NI034947

ATANE LIMITED

Abbreviated Accounts

31 October 2015

ATANE LIMITED Registered Number NI034947

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	1,937,631	1,937,631
		1,937,631	1,937,631
Current assets
Debtors		11,755	99
		11,755	99
Creditors: amounts falling due within one year		(332,341)	(324,392)
Net current assets (liabilities)		(320,586)	(324,293)
Total assets less current liabilities		1,617,045	1,613,338
Creditors: amounts falling due after more than one year		(1,361,887)	(1,403,018)
Accruals and deferred income		(11,667)	(11,667)
Total net assets (liabilities)		243,491	198,653
Capital and reserves
Called up share capital	3	99	99
Profit and loss account		243,392	198,554
Shareholders' funds		243,491	198,653

For the year ending 31 October 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 31 October 2015

And signed on their behalf by:
Desmond Lamph, Director

ATANE LIMITED Registered Number NI034947

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the during the year and derives from the provision of goods falling within the company's ordinary activities.

Intangible assets amortisation policy
Investment properties are held on the Balance Sheet at cost are not depreciated or amortised. This treatment is a departure from the requirement of Company Law to provide depreciation on all fixed assets, which have a limited useful life. The directors believe that the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view.

2Fixed assets Investments
investment Properties are held on the Balance Sheet at cost and aren't depreciated or amortised. This treatment is a departure from the requirement of Company Law to provide depreciation on all fixed assets., which have a limited useful life. The directors believe that the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
99 Ordinary shares of £1 each	99	99