ATHKIN_TECHNICAL_SERVICES - Accounts

ATHKIN TECHNICAL SERVICES LIMITED - Company Information

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Company Registration No. 07426213 (England and Wales)

ATHKIN TECHNICAL SERVICES LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

ATHKIN TECHNICAL SERVICES LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ATHKIN TECHNICAL SERVICES LTD

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

352

529

Current assets

Debtors

22,224

6,000

Cash at bank and in hand

5,513

12,706

27,737

18,706

Creditors: amounts falling due within one year

(17,880)

(15,316)

Net current assets

9,857

3,390

Total assets less current liabilities

10,209

3,919

Capital and reserves

Called up share capital

Profit and loss account

10,208

3,918

Shareholders' funds

10,209

3,919

For the financial year ended 30 November 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 August 2014

D Kennedy

Director

Company Registration No. 07426213

ATHKIN TECHNICAL SERVICES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

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

1.3

Tangible fixed assets and depreciation

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:

Computer equipment

33% Reducing Balance Method.

Fixed assets

Tangible assets

Cost

At 1 December 2012 & at 30 November 2013

1,177

Depreciation

At 1 December 2012

649

Charge for the year

176

At 30 November 2013

825

Net book value

At 30 November 2013

352

At 30 November 2012

529

Share capital

2013

2012

Allotted, called up and fully paid

1 Ordinary Shares of £1 each

Related party relationships and transactions

ATHKIN TECHNICAL SERVICES LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2013

Related party relationships and transactions

(Continued)

- 3 -

Loans to directors

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

4.00

(110)

69,930

132

61,540

8,412

(110)

69,930

132

61,540

8,412