| Atlantic Overseas Investments Limited |
| Registered number: |
07172497 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
4,462 |
|
|
5,950 |
|
| Current assets |
| Debtors |
|
|
40,315 |
|
|
41,058 |
| Cash at bank and in hand |
|
|
8 |
|
|
9,640 |
|
|
|
40,323 |
|
|
50,698 |
|
| Creditors: amounts falling due within one year |
|
|
(15,250) |
|
|
(10,011) |
|
| Net current assets |
|
|
|
25,073 |
|
|
40,687 |
|
| Net assets |
|
|
|
29,535 |
|
|
46,637 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
29,435 |
|
|
46,537 |
|
| Shareholders' funds |
|
|
|
29,535 |
|
|
46,637 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| S Harris |
| Director |
| Approved by the board on 24 March 2015 |
|
| Atlantic Overseas Investments Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures, fittings and equipment |
25% reducing balance |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
11,734 |
|
At 30 June 2014 |
11,734 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
5,784 |
|
Charge for the year |
1,488 |
|
At 30 June 2014 |
7,272 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
4,462 |
|
At 30 June 2013 |
5,950 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
A Ordinary shares |
£1 each |
|
50 |
|
50 |
|
50 |
|
B Ordinary shares |
£1 each |
|
50 |
|
50 |
|
50 |
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Stephen R Osborne |
|
Loan |
31,063 |
|
932 |
|
- |
|
31,995 |
|
|
|
31,063 |
|
932 |
|
- |
|
31,995 |
|
|
|
|
|
|
|
|
|
