Abbreviated Company Accounts - ACTIVE MASTICS LIMITED

ACTIVE MASTICS LIMITED - Company Information

06273191 ACTIVE MASTICS LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 06273191 2013-07-01 2014-06-30 06273191 2014-06-30 06273191 2013-06-30 06273191 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 06273191 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 06273191

ACTIVE MASTICS LIMITED

Abbreviated Accounts

30 June 2014

ACTIVE MASTICS LIMITED Registered Number 06273191

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	975	601
		975	601
Current assets
Stocks		815	1,100
Debtors		49,821	64,648
Cash at bank and in hand		9,482	25
		60,118	65,773
Creditors: amounts falling due within one year		(47,695)	(51,807)
Net current assets (liabilities)		12,423	13,966
Total assets less current liabilities		13,398	14,567
Accruals and deferred income		(3,900)	(3,900)
Total net assets (liabilities)		9,498	10,667
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		9,198	10,367
Shareholders' funds		9,498	10,667

For the year ending 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 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 30 March 2015

And signed on their behalf by:
D Laurie, Director
L Laurie, Director

ACTIVE MASTICS LIMITED Registered Number 06273191

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Motor vehicles: 25% per annum on a reducing balance basis
Plant & machinery: 25% per annum on a reducing balance basis
Computer equipment: 25% per annum on a reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 July 2013	2,007
Additions	700
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	2,707
Depreciation
At 1 July 2013	1,406
Charge for the year	326
On disposals	-
At 30 June 2014	1,732
Net book values
At 30 June 2014	975
At 30 June 2013	601

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
300 Ordinary shares of £1 each	300	300