Abbreviated Company Accounts - AVER CORPORATE ADVISORY SERVICES LTD.

AVER CORPORATE ADVISORY SERVICES LTD. - Company Information

Registered Number SC362121

AVER CORPORATE ADVISORY SERVICES LTD.

Abbreviated Accounts

31 July 2014

AVER CORPORATE ADVISORY SERVICES LTD. Registered Number SC362121

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	37,267	47,427
		37,267	47,427
Current assets
Stocks		481,446	392,105
Debtors		148,512	137,644
Cash at bank and in hand		74,781	65,899
		704,739	595,648
Creditors: amounts falling due within one year		(113,659)	(112,530)
Net current assets (liabilities)		591,080	483,118
Total assets less current liabilities		628,347	530,545
Provisions for liabilities		(785)	(2,238)
Total net assets (liabilities)		627,562	528,307
Capital and reserves
Called up share capital		90	90
Profit and loss account		627,472	528,217
Shareholders' funds		627,562	528,307

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 12 March 2015

And signed on their behalf by:
WTM Cleghorn, Director
ESL Porter, Director

AVER CORPORATE ADVISORY SERVICES LTD. Registered Number SC362121

Notes to the Abbreviated Accounts for the period ended 31 July 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 excluding value added tax

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives
Fixtures and Fittings 25.00% reducing balance
Computer Equipment 25.00% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	63,131
Additions	2,010
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	65,141
Depreciation
At 1 August 2013	15,704
Charge for the year	12,170
On disposals	-
At 31 July 2014	27,874
Net book values
At 31 July 2014	37,267
At 31 July 2013	47,427