2013-05-30
true
false
Private Limited Company
08548911
2014-05-31
08548911
2013-05-30
2014-05-31
08548911
uk-bus:Director1
2013-05-30
2014-05-31
08548911
uk-gaap:FixturesFittings
2013-05-30
2014-05-31
iso4217:GBP
| Atlantic (Supertrim) Limited |
For the period ended 31 May 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08548911
2
Atlantic (Supertrim) Limited
For the period ended 31 May 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Atlantic (Supertrim) Limited
Accountants' Report
For the period ended 31 May 2014
| As described on the balance sheet you are responsible for the preparation of the financial statements for the |
| period ended 31 May 2014 and you consider that the company is exempt from an audit under the Companies Act |
| 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to |
| us. |
Robin Jeremy Low
27 Fountains Close
Biddick
Washington
Tyne and Wear
NE38 7TA
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4
| Abbreviated Balance Sheet |
Atlantic (Supertrim) Limited
2014
2
41,800
3
3,053
44,853
3,598
6,972
26,765
37,335
| Creditors: amounts falling due within one year |
(75,006)
(37,671)
Net current liabilities
| Total assets less current liabilities |
7,182
7,182
Net assets/liabilities
7,182
7,182
Shareholders funds
| For the period ended 31 May 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; |
| 2) 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. |
| Date approved by the board: 27 February 2015 |
| Signed on behalf of the board of directors |
2 of 4
5
| Notes to the Abbreviated Financial Statements |
Atlantic (Supertrim) Limited
For the period ended 31 May 2014
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
| Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the |
| estimated expected useful economic life of the goodwill of 20 years. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and Fittings
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
3 of 4
6
| Notes to the Abbreviated Financial Statements |
Atlantic (Supertrim) Limited
For the period ended 31 May 2014
| 2 Intangible fixed assets |
44,000
44,000
2,200
Charge for period
2,200
41,800
4,071
4,071
1,018
Charge for period
1,018
3,053
| Allotted called up and fully paid |
2014
| 100 Class A shares of £1.00 each |
100
100
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