Abbreviated Company Accounts - AFTONBAY LIMITED

Abbreviated Company Accounts - AFTONBAY LIMITED

AFTONBAY LIMITED - Company Information

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Registered Number SC275998

AFTONBAY LIMITED

Abbreviated Accounts

28 February 2014

AFTONBAY LIMITED Registered Number SC275998

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 3,528 4,150
3,528 4,150
Current assets
Stocks 809 792
Debtors 4,125 4,125
Cash at bank and in hand 5,722 6,725
10,656 11,642
Creditors: amounts falling due within one year (5,405) (5,702)
Net current assets (liabilities) 5,251 5,940
Total assets less current liabilities 8,779 10,090
Total net assets (liabilities) 8,779 10,090
Capital and reserves
Called up share capital 1 1
Profit and loss account 8,778 10,089
Shareholders' funds 8,779 10,090
  • For the year ending 28 February 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 6 November 2014

And signed on their behalf by:
F Aliyar, Director

AFTONBAY LIMITED Registered Number SC275998

Notes to the Abbreviated Accounts for the period ended 28 February 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 net invoiced sales of goods,excluding value added tax.

Tangible assets depreciation policy
Equipment - 15% on reducing balance
Fixtures & fittings - 15% on reducing balance

2Tangible fixed assets
£
Cost
At 1 March 2013 12,372
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 12,372
Depreciation
At 1 March 2013 8,222
Charge for the year 622
On disposals -
At 28 February 2014 8,844
Net book values
At 28 February 2014 3,528
At 28 February 2013 4,150