Atrium Air Conditioning Limited Accounts

Atrium Air Conditioning Limited ABBREVIATED ACCOUNTS COVER

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			Atrium Air Conditioning Limited
			Abbreviated Accounts
			30 June 2014
				Company No.		02939822

Atrium Air Conditioning Limited ABBREVIATED BALANCE SHEET

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30 June 2014
				Notes	2014		2013
					£		£
FIXED ASSETS
	Tangible assets			2	19,411		21,601
					19,411		21,601
CURRENT ASSETS
	Stocks				13,000		12,500
	Debtors				85,884		60,723
	Cash at bank and in hand				371		30,507
					99,255		103,730
CREDITORS:		Amounts falling due within one year			(118,226)		(123,263)
NET CURRENT LIABILITIES					(18,971)		(19,533)
TOTAL ASSETS LESS CURRENT LIABILITIES					440		2,068
NET ASSETS					440		2,068
CAPITAL AND RESERVES
	Called up share capital			3	2		2
	Profit and loss account				438		2,066
SHAREHOLDER'S FUNDS					440		2,068
	These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
	For the year ended 30 June 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
	Approved by the board on
	18 March 2015
	And signed on its behalf by:
	.....................................................................................................
	G.K.J. Hall
	Director
	18 March 2015

Atrium Air Conditioning Limited NOTES TO THE ABBREVIATED ACCOUNTS

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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 January 2015) ["the FRSSE"].

	Turnover
	Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
	Leasehold land and buildings			10% Straight line
	Plant and machinery			25% Reducing balance
	Motor vehicles			25% Reducing balance
	Furniture, fittings and equipment			25% Reducing balance

	Stocks
	Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
										Tangible fixed assets		Total
										£		£
	Cost or revaluation
	At 1 July 2013									65,313		65,313
	Additions									1,428		1,428
	At 30 June 2014									66,741		66,741
	Amortisation
	At 1 July 2013									43,712		43,712
	Charge for the year									3,618		3,618
	At 30 June 2014									47,330		47,330
	Net book values
	At 30 June 2014									19,411		19,411
	At 30 June 2013									21,601		21,601

3	Share Capital
						Nominal value		2014		2014		2013
						£		Number		£		£
	Allotted, called up and fully paid:
	Ordinary					1.00		2		2		2