Appligenics Limited - Limited company - abbreviated - 11.0.0
Appligenics Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 December 2014 |
| for |
| Appligenics Limited |
| Appligenics Limited (Registered number: 03132175) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 3 |
| Appligenics Limited |
| Company Information |
| for the Year Ended 31 December 2014 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Appligenics Limited (Registered number: 03132175) |
| Abbreviated Balance Sheet |
| 31 December 2014 |
| 2014 | 2013 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 2 |
| Investments | 3 |
| Current assets |
| Debtors: amounts falling due within one year | 1,363 | 32,500 |
| Debtors: amounts falling due after more than one year |
4 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | ( |
) | ( |
) |
| Net current (liabilities)/assets | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account | ( |
) | ( |
) |
| Shareholders' funds |
| 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 financial statements were approved by the director on |
| Appligenics Limited (Registered number: 03132175) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| 1. | Accounting policies |
| Basis of preparing the financial statements |
| The financial statements have been prepared on the going concern basis as the directors have indicated that |
| they will continue to provide financial support to the company to enable it to meet its liabilities as and when they |
| fall due. In addition to this, the company traded profitably in the current year. |
| 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 |
| Revenue from the sales of products and services is recognised when the sale is completed. Revenue from |
| support contracts is deferred and recognised in the profit and loss account evenly over the period to which the |
| sale relates. All revenue is recognised net of value added tax. |
| Tangible fixed assets |
| Tangible fixed assets are recognised at cost less accumulated depreciation. Cost comprises purchase price of |
| the asset and any associated costs in bringing the asset to its present condition and location. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful |
| life. |
| Computer equipment - 33% on reducing balance |
| Any amounts in respect of repairs and maintenance are recognised in the profit and loss account in the year in |
| which they occur. |
| Deferred tax |
| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at |
| the balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
| at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 2. | Tangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 January 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2014 |
| Depreciation |
| At 1 January 2014 |
| Eliminated on disposal | ( |
) |
| At 31 December 2014 |
| Net book value |
| At 31 December 2014 |
| At 31 December 2013 |
| Appligenics Limited (Registered number: 03132175) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2014 |
| 3. | Fixed asset investments |
| Investments |
| other |
| than |
| loans |
| £ |
| Cost |
| Additions | 76 |
| At 31 December 2014 | 76 |
| Net book value |
| At 31 December 2014 |
| 4. | Debtors: amounts falling due after more than one year |
| The aggregate total of debtors falling due after more than one year is £ 0 (2013 - £ 191,781 ) |
| 5. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| A Ordinary | £1 |
| Ordinary | £0.01 |
| 643,250 | 643,250 |
| 6. | Directors' advances, credits and guarantees |
| The following transactions took place at arms length during the year in relation to directors and are disclosed as |
| creditors: |
| Management fees of £nil (2013: £55,909) were paid to F Kelly. At the balance sheet date an amount of £227 |
| (2013: £227) was owed to F Kelly. |
| Management fees of £40,000 (2013: £66,500) were paid to M Spillane. At the balance sheet date an amount of |
| £227,097 (2013: £187,097) was owed to M Spillane. |
| 7. | Ultimate controlling party |