Abbreviated Company Accounts - ADVANCE MACHINERY LIMITED

Abbreviated Company Accounts - ADVANCE MACHINERY LIMITED

ADVANCE MACHINERY LIMITED - Company Information

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Registered Number 08393626

ADVANCE MACHINERY LIMITED

Abbreviated Accounts

28 February 2014

ADVANCE MACHINERY LIMITED Registered Number 08393626

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014
£
Current assets
Debtors 27
Cash at bank and in hand 26,365
26,392
Creditors: amounts falling due within one year (24,177)
Net current assets (liabilities) 2,215
Total assets less current liabilities 2,215
Total net assets (liabilities) 2,215
Capital and reserves
Called up share capital 1
Profit and loss account 2,214
Shareholders' funds 2,215
  • For the year ending 28 February 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 4 August 2014

And signed on their behalf by:
Mrs Sarah Lynn Hulme, Director

ADVANCE MACHINERY LIMITED Registered Number 08393626

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Other accounting policies
Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.