Abbreviated Company Accounts - IT AMBULANCE LIMITED
Abbreviated Company Accounts - IT AMBULANCE LIMITED
Registered Number 05344413
IT AMBULANCE LIMITED
Abbreviated Accounts
31 July 2014
IT AMBULANCE LIMITED Registered Number 05344413
Abbreviated Balance Sheet as at 31 July 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors | 3 |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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( |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Share premium account |
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Profit and loss account |
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( |
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Shareholders' funds |
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For the year ending 31 July 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
And signed on their behalf by:
IT AMBULANCE LIMITED Registered Number 05344413
Notes to the Abbreviated Accounts for the period ended 31 July 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery etc - 33% on cost and 25% on reducing balance.
Other accounting policies
Deferred Tax: Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Hire Purchase and Leasing Commitments: Assets obtained under hire purchase contracts or finance leases are cappitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.
£ | |
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Cost | |
At 1 August 2013 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 31 July 2014 |
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Depreciation | |
At 1 August 2013 |
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Charge for the year |
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On disposals |
( |
At 31 July 2014 |
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Net book values | |
At 31 July 2014 | 2,878 |
At 31 July 2013 | 7,372 |
2014
£ |
2013
£ |
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Debtors include the following amounts due after more than one year |
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5Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 August 2013: | ||
Advances or credits made: | £ |
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Advances or credits repaid: | ||
Balance at 31 July 2014: | £ |