Albion (Overseas) Limited |
Registered number: |
03282937 |
|
Abbreviated Balance Sheet |
as at 30 April 2014 |
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Current assets |
Stocks |
|
|
9,840 |
|
|
9,840 |
Debtors |
|
|
70,950 |
|
|
130,522 |
Cash at bank and in hand |
|
|
106,853 |
|
|
333,165 |
|
|
|
187,643 |
|
|
473,527 |
|
Creditors: amounts falling due within one year |
|
|
(125,918) |
|
|
(445,389) |
|
Net current assets |
|
|
|
61,725 |
|
|
28,138 |
|
Net assets |
|
|
|
61,725 |
|
|
28,138 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
61,625 |
|
|
28,038 |
|
Shareholders' funds |
|
|
|
61,725 |
|
|
28,138 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
D Cant |
Director |
Approved by the board on 18 August 2014 |
|
Albion (Overseas) Limited |
|
Notes to the Abbreviated Accounts |
for the year ended 30 April 2014 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
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 |
|
Motor vehicles |
25% straight line |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
2 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|