Abbreviated Company Accounts - ALBION RTW LIMITED

Abbreviated Company Accounts - ALBION RTW LIMITED


Registered Number 07372398

ALBION RTW LIMITED

Abbreviated Accounts

31 March 2014

ALBION RTW LIMITED Registered Number 07372398

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Debtors 40,251 36,701
Cash at bank and in hand 78,108 45,121
118,359 81,822
Creditors: amounts falling due within one year (40,429) (31,569)
Net current assets (liabilities) 77,930 50,253
Total assets less current liabilities 77,930 50,253
Total net assets (liabilities) 77,930 50,253
Capital and reserves
Called up share capital 2 2,396 2,396
Profit and loss account 75,534 47,857
Shareholders' funds 77,930 50,253
  • For the year ending 31 March 2014 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 26 August 2014

And signed on their behalf by:
Mr I.Griffiths, Director

ALBION RTW LIMITED Registered Number 07372398

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Foreign Currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary share of £1 each 1 1
2,395 Class E shares of £1 each 2,395 2,395