Amba Defence Technology Ltd - Limited company - abbreviated - 11.0.0
Amba Defence Technology Ltd - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE PERIOD 24 JUNE 2013 TO 31 MARCH 2014 |
FOR |
AMBA DEFENCE TECHNOLOGY LTD |
AMBA DEFENCE TECHNOLOGY LTD (REGISTERED NUMBER: 08581128) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 24 JUNE 2013 TO 31 MARCH 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
AMBA DEFENCE TECHNOLOGY LTD |
COMPANY INFORMATION |
FOR THE PERIOD 24 JUNE 2013 TO 31 MARCH 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
AMBA DEFENCE TECHNOLOGY LTD (REGISTERED NUMBER: 08581128) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2014 |
Notes | £ |
FIXED ASSETS |
Intangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The directors acknowledge their 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 Board of Directors on |
AMBA DEFENCE TECHNOLOGY LTD (REGISTERED NUMBER: 08581128) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE PERIOD 24 JUNE 2013 TO 31 MARCH 2014 |
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. |
Goodwill |
Goodwill was purchased during the year and the directors consider that this amount should be written off over 5 |
years beginning with the year ended 31 March 2015. It is the directors opinion that the carrying value of the |
goodwill had not reduced by 31 March 2014. |
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. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 |
4. | NET DEFICIENCY OF ASSETS |
Whilst the Company has a net deficiency od assets at the balance sheet date of £16,273 the major creditor of |
£100,974 is due to the Company's parent which has confirmed its continued support. The directors are confident |
that the position will be improved in the near future. |