Abbreviated Company Accounts - SIGMA OFFSHORE LIMITED
Abbreviated Company Accounts - SIGMA OFFSHORE LIMITED
Registered Number SC245525
SIGMA OFFSHORE LIMITED
Abbreviated Accounts
31 December 2013
SIGMA OFFSHORE LIMITED Registered Number SC245525
Abbreviated Balance Sheet as at 31 December 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Investments | 4 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 5 |
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Share premium account |
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Profit and loss account |
( |
( |
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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:
SIGMA OFFSHORE LIMITED Registered Number SC245525
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
Fixtures, fittings & equipment - 25% straight line
Intangible assets amortisation policy
Patents are valued at cost less accumulated amortisation.
Other accounting policies
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.
Going Concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
£ | |
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Cost | |
At 1 January 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2013 |
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Amortisation | |
At 1 January 2013 |
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Charge for the year |
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On disposals |
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At 31 December 2013 |
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Net book values | |
At 31 December 2013 | 26,666 |
At 31 December 2012 | 26,666 |
£ | |
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Cost | |
At 1 January 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2013 |
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Depreciation | |
At 1 January 2013 |
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Charge for the year |
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On disposals |
|
At 31 December 2013 |
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Net book values | |
At 31 December 2013 | 7,198 |
At 31 December 2012 | 14,611 |
4Fixed assets Investments
Stanwell Consulting Limited, a company registered in Scotland. The company holds 100% of the ordinary share capital.
Sigma Offshore AS, a company registered in Norway. The company holds 100% of the ordinary share capital.