Aufbau Design Limited - Period Ending 2014-11-30

Aufbau Design Limited - Period Ending 2014-11-30

AUFBAU DESIGN LIMITED - Company Information

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Aufbau Design Limited 04954650 false true 2013-12-01 2014-11-30 2014-11-30 04954650 2013-12-01 2014-11-30 04954650 2014-11-30 04954650 uk-bus:OrdinaryShareClass1 2014-11-30 04954650 uk-bus:Director1 2013-12-01 2014-11-30 04954650 uk-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 04954650 uk-gaap:OfficeEquipment 2013-12-01 2014-11-30 04954650 2013-11-30 04954650 2013-11-30 04954650 uk-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP xbrli:shares

Registration number: 04954650

Aufbau Design Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2014
 

 

Aufbau Design Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3 to 5

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Aufbau Design Limited
for the Year Ended 30 November 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aufbau Design Limited for the year ended 30 November 2014 set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Aufbau Design Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Aufbau Design Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aufbau Design Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Aufbau Design Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aufbau Design Limited. You consider that Aufbau Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Aufbau Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Jacobs Allen Limited
Chartered Accountants and Chartered Tax Advisers
59 Abbeygate Street
Bury St Edmunds
Suffolk
IP33 1LB

23 March 2015

Page 1

 

Aufbau Design Limited
(Registration number: 04954650)
Abbreviated Balance Sheet at 30 November 2014

   

Note

    

2014
£

    

2013
£

  

Fixed assets

  

             

Tangible fixed assets

  

   

3,709

   

5,058

 

Current assets

  

             

Debtors

  

   

-

    

10,260

 

Cash at bank and in hand

  

   

15,446

   

306

 
   

   

15,446

   

10,566

 

Creditors: Amounts falling due within one year

  

   

(9,449)

   

(11,994)

 

Net current assets/(liabilities)

  

   

5,997

   

(1,428)

 

Net assets

  

   

9,706

   

3,630

 

Capital and reserves

  

             

Called up share capital

 

3

   

2

   

2

 

Profit and loss account

  

   

9,704

   

3,628

 

Shareholders' funds

  

   

9,706

   

3,630

 

For the year ending 30 November 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 23 March 2015 and signed on its behalf by:

.........................................
A Winterbottom
Director

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 2

 

Aufbau Design Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance

Deferred tax

Deferred tax, if considered material, is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

 

Aufbau Design Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued

2

Fixed assets

   

Tangible assets
£

    

Total
£

  

Cost

            

At 1 December 2013

  

15,587

    

15,587

  

Disposals

  

(207)

   

(207)

 

At 30 November 2014

  

15,380

    

15,380

  

Depreciation

            

At 1 December 2013

  

10,529

    

10,529

  

Charge for the year

  

1,235

    

1,235

  

Eliminated on disposals

  

(93)

   

(93)

 

At 30 November 2014

  

11,671

    

11,671

  

Net book value

            

At 30 November 2014

  

3,709

   

3,709

 

At 30 November 2013

  

5,058

   

5,058

 

3

Share capital

Allotted, called up and fully paid shares

 

2014

2013

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

   

2

   

2

 
                         

4

Related party transactions

Directors' advances and credits

 

2014
Advance/ Credit
£

2014
Repaid
£

2013
Advance/ Credit
£

2013
Repaid
£

A Winterbottom

Received advances during period on which 4% interest has been applied

552

552

32,754

32,754

         
         

Page 4

 

Aufbau Design Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued

5

Control

The company is controlled by A Winterbottom , Director and 100% shareholder.

Page 5