Abbreviated Company Accounts - ATOMIC22 LIMITED

07230173 ATOMIC22 LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 07230173 2013-05-01 2014-04-30 07230173 2014-04-30 07230173 2013-04-30 07230173 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 07230173 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 07230173

ATOMIC22 LIMITED

Abbreviated Accounts

30 April 2014

ATOMIC22 LIMITED Registered Number 07230173

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	25,814	26,198
Tangible assets	3	23,214	32,887
		49,028	59,085
Current assets
Debtors		7,268	6,928
Cash at bank and in hand		1,292	6,484
		8,560	13,412
Creditors: amounts falling due within one year		(290,753)	(263,426)
Net current assets (liabilities)		(282,193)	(250,014)
Total assets less current liabilities		(233,165)	(190,929)
Accruals and deferred income		(1,500)	(1,000)
Total net assets (liabilities)		(234,665)	(191,929)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(234,765)	(192,029)
Shareholders' funds		(234,665)	(191,929)

For the year ending 30 April 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 10 April 2015

And signed on their behalf by:
P Wells, Director

ATOMIC22 LIMITED Registered Number 07230173

Notes to the Abbreviated Accounts for the period ended 30 April 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 20% straight line

Intangible assets amortisation policy
Patents are valued at cost less accumulated amortisation.

Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In the situation, the expenditure is deferred and amortised over the period from which the company is expected to benefit.

2Intangible fixed assets

	£
Cost
At 1 May 2013	26,966
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	26,966
Amortisation
At 1 May 2013	768
Charge for the year	384
On disposals	-
At 30 April 2014	1,152
Net book values
At 30 April 2014	25,814
At 30 April 2013	26,198

3Tangible fixed assets

	£
Cost
At 1 May 2013	54,141
Additions	5,150
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	59,291
Depreciation
At 1 May 2013	21,254
Charge for the year	14,823
On disposals	-
At 30 April 2014	36,077
Net book values
At 30 April 2014	23,214
At 30 April 2013	32,887

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100