Abbreviated Company Accounts - AMIRCO LTD

Registered Number 08426680

AMIRCO LTD

Abbreviated Accounts

31 March 2014

AMIRCO LTD Registered Number 08426680

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	13,710
		13,710
Current assets
Stocks		17,583
Cash at bank and in hand		21,574
		39,157
Creditors: amounts falling due within one year		(52,790)
Net current assets (liabilities)		(13,633)
Total assets less current liabilities		77
Total net assets (liabilities)		77
Capital and reserves
Called up share capital		1
Profit and loss account		76
Shareholders' funds		77

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 28 November 2014

And signed on their behalf by:
Mr Jamal Sekhtian, Director

AMIRCO LTD Registered Number 08426680

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line

2Tangible fixed assets

	£
Cost
Additions	17,138
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	17,138
Depreciation
Charge for the year	3,428
On disposals	-
At 31 March 2014	3,428
Net book values
At 31 March 2014	13,710