Abbreviated Company Accounts - AVENSAC LTD

Abbreviated Company Accounts - AVENSAC LTD


Registered Number 08539967

AVENSAC LTD

Abbreviated Accounts

31 May 2014

AVENSAC LTD Registered Number 08539967

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014
£
Fixed assets
Tangible assets 2 94,712
94,712
Total assets less current liabilities 94,712
Creditors: amounts falling due after more than one year 3 (55,724)
Total net assets (liabilities) 38,988
Capital and reserves
Called up share capital 4 20,000
Share premium account 20,000
Profit and loss account (1,012)
Shareholders' funds 38,988
  • For the year ending 31 May 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 February 2015

And signed on their behalf by:
Christopher Ramsay, Director

AVENSAC LTD Registered Number 08539967

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Tangible assets depreciation policy
The company owns land and buildings which it is our policy not to depreciate.

Valuation information and policy
Land & Buildings valued at cost which is below the current expected market value

2Tangible fixed assets
£
Cost
Additions 94,712
Disposals -
Revaluations -
Transfers -
At 31 May 2014 94,712
Depreciation
Charge for the year -
On disposals -
At 31 May 2014 -
Net book values
At 31 May 2014 94,712

Land and Buildings at cost.

3Creditors
2014
£
Non-instalment debts due after 5 years 75,724
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
20,000 Ordinary shares of £1 each 20,000