Abbreviated Company Accounts - AVIATION HERITAGE LIMITED

AVIATION HERITAGE LIMITED - Company Information

02184954 AVIATION HERITAGE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02184954 2013-01-01 2013-12-31 02184954 2013-12-31 02184954 2012-12-31 02184954 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02184954 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02184954

AVIATION HERITAGE LIMITED

Abbreviated Accounts

31 December 2013

AVIATION HERITAGE LIMITED Registered Number 02184954

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,512,492	1,202,143
		1,512,492	1,202,143
Current assets
Debtors		3,913	142,982
		3,913	142,982
Creditors: amounts falling due within one year		(214,668)	(29,192)
Net current assets (liabilities)		(210,755)	113,790
Total assets less current liabilities		1,301,737	1,315,933
Creditors: amounts falling due after more than one year		(1,242,846)	(1,242,846)
Total net assets (liabilities)		58,891	73,087
Capital and reserves
Called up share capital	3	750,002	750,002
Profit and loss account		(691,111)	(676,915)
Shareholders' funds		58,891	73,087

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 10 December 2014

And signed on their behalf by:
S Hawkins, Director

AVIATION HERITAGE LIMITED Registered Number 02184954

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant & machinery 2.5% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2013	1,638,189
Additions	360,311
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	1,998,500
Depreciation
At 1 January 2013	436,046
Charge for the year	49,962
On disposals	-
At 31 December 2013	486,008
Net book values
At 31 December 2013	1,512,492
At 31 December 2012	1,202,143

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

	2013 £	2012 £
750,002 Ordinary shares of £1 each	750,002	750,002