| POINT ACCESS UK LTD |
| Registered number: |
06627225 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,372 |
|
|
6,518 |
| Investments |
3 |
|
|
18,746 |
|
|
- |
|
|
|
|
24,118 |
|
|
6,518 |
|
| Current assets |
| Debtors |
|
|
2,555 |
|
|
3,996 |
| Cash at bank and in hand |
|
|
6,032 |
|
|
17,453 |
|
|
|
8,587 |
|
|
21,449 |
|
| Creditors: amounts falling due within one year |
|
|
(7,905) |
|
|
(9,454) |
|
| Net current assets |
|
|
|
682 |
|
|
11,995 |
|
| Total assets less current liabilities |
|
|
|
24,800 |
|
|
18,513 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(24,392) |
|
|
(4,449) |
|
|
|
| Net assets |
|
|
|
408 |
|
|
14,064 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
308 |
|
|
13,964 |
|
| Shareholders' funds |
|
|
|
408 |
|
|
14,064 |
|
|
|
|
|
|
|
|
| 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 Stephens |
| Director |
| Approved by the board on 26 March 2015 |
|
| POINT ACCESS UK LTD |
| 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. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
14,364 |
|
Additions |
197 |
|
At 30 June 2014 |
14,561 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
7,846 |
|
Charge for the year |
1,343 |
|
At 30 June 2014 |
9,189 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
5,372 |
|
At 30 June 2013 |
6,518 |
|
|
|
|
|
|
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
Additions |
18,746 |
|
|
At 30 June 2014 |
18,746 |
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
