Abbreviated Company Accounts - PROTOZOON LIMITED

03666247 PROTOZOON LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 03666247 2012-12-01 2013-11-30 03666247 2013-11-30 03666247 2012-11-30 03666247 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 03666247 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 03666247

PROTOZOON LIMITED

Abbreviated Accounts

30 November 2013

PROTOZOON LIMITED Registered Number 03666247

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	6,578	9,059
		6,578	9,059
Current assets
Stocks		375	375
Debtors		15,157	19,415
Cash at bank and in hand		47,121	41,965
		62,653	61,755
Creditors: amounts falling due within one year		(44,722)	(54,177)
Net current assets (liabilities)		17,931	7,578
Total assets less current liabilities		24,509	16,637
Total net assets (liabilities)		24,509	16,637
Capital and reserves
Called up share capital	3	64	64
Profit and loss account		24,445	16,573
Shareholders' funds		24,509	16,637

For the year ending 30 November 2013 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 26 August 2014

And signed on their behalf by:
Mr P Sturgeon, Director

PROTOZOON LIMITED Registered Number 03666247

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

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

Plant and machinery 20 - 50% Straight line
Fixtures, fittings & equipment 20% Straight line

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Revenue recognition
Revenue is recognised by the company at the point that completed works and services are invoiced
to customers.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 December 2012	38,906
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	38,906
Depreciation
At 1 December 2012	29,847
Charge for the year	2,481
On disposals	-
At 30 November 2013	32,328
Net book values
At 30 November 2013	6,578
At 30 November 2012	9,059

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

	2013 £	2012 £
64 Ordinary shares of £1 each	64	64

4Transactions with directors

Name of director receiving advance or credit:	Mr P Sutrgeon
Description of the transaction:	Director's loan account (credit balance)
Balance at 1 December 2012:	£ 4,000
Advances or credits made:	-
Advances or credits repaid:	£ 4,000
Balance at 30 November 2013:	£ 0

As at 30 November 2013 the director's loan account of Mr P Sturgeon showed a nil balance (2012 - £4,000 credit balance).