Amici Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04962947 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Amici Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B Neglia

SECRETARY:

REGISTERED OFFICE:

51 High Street

Hornchurch

Essex

RM11 1TP

REGISTERED NUMBER:

04962947 (England and Wales)

ACCOUNTANTS:

Sherman Accounting and Training Ltd

12 Hyland Way

Hornchurch

Essex

RM11 1DW

FIXED ASSETS

Tangible assets

2

225,983

246,583

CURRENT ASSETS

Stocks

-

15,000

Cash at bank and in hand

312

24,613

312

39,613

CREDITORS

Amounts falling due within one year

51,029

95,164

NET CURRENT LIABILITIES

(50,717

)

(55,551

)

TOTAL ASSETS LESS CURRENT LIABILITIES

175,266

191,032

CREDITORS

Amounts falling due after more than one year

164,916

123,909

NET ASSETS

10,350

67,123

CAPITAL AND RESERVES

Called up share capital

3

850

850

Revaluation reserve

29,850

29,850

Profit and loss account

(20,350

)

36,423

10,350

67,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 March 2015 and were signed by:

B Neglia - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making

due allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss

account on a straight line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

615,184

Additions

58

At 30 November 2014

615,242

DEPRECIATION

At 1 December 2013

368,601

Charge for year

20,658

At 30 November 2014

389,259

NET BOOK VALUE

At 30 November 2014

225,983

At 30 November 2013

246,583

3.	CALLED UP SHARE CAPITAL

**	POSTING HAS BEEN MADE TO SHARE CAPITAL 1 ACCOUNT ON TRIAL BALANCE BUT NO CORRESPONDING ENTRY HAS BEEN MADE ON CLIENT SCREEN FOR SHARE CAPITAL 1

THIS NOTE WILL THEREFORE NOT AGREE TO AMOUNT SHOWN ON

BALANCE SHEET