Abbreviated Company Accounts - ADSOL UK LTD

06695730 ADSOL UK LTD 2014-11-30 false 2013-12-01 2014-11-30 true 06695730 2013-12-01 2014-11-30 06695730 2014-11-30 06695730 2013-11-30 06695730 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 06695730 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2014-11-30 uk-gaap-cd-bus:Director3 2013-11-30 iso4217:GBP shares

Registered Number 06695730

ADSOL UK LTD

Abbreviated Accounts

30 November 2014

ADSOL UK LTD Registered Number 06695730

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	30,989	30,762
		30,989	30,762
Current assets
Stocks		1,500	6,250
Debtors		76,452	34,829
Cash at bank and in hand		2,852	4,649
		80,804	45,728
Prepayments and accrued income		648	575
Creditors: amounts falling due within one year		(111,568)	(76,566)
Net current assets (liabilities)		(30,116)	(30,263)
Total assets less current liabilities		873	499
Accruals and deferred income		(538)	(410)
Total net assets (liabilities)		335	89
Capital and reserves
Called up share capital		200	200
Profit and loss account		135	(111)
Shareholders' funds		335	89

For the year ending 30 November 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 16 June 2015

And signed on their behalf by:
Kevin Wilson, Director

ADSOL UK LTD Registered Number 06695730

Notes to the Abbreviated Accounts for the period ended 30 November 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 December 2013	35,285
Additions	941
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	36,226
Depreciation
At 1 December 2013	4,523
Charge for the year	714
On disposals	-
At 30 November 2014	5,237
Net book values
At 30 November 2014	30,989
At 30 November 2013	30,762

3Transactions with directors

Name of director receiving advance or credit:	Kevin Wilson
Description of the transaction:	Directors Loan
Balance at 1 December 2013:	£ 202
Advances or credits made:	£ 231
Advances or credits repaid:	-
Balance at 30 November 2014:	£ 433

During the year, the company paid dividends of £39,000 to the Director, Mr K Wilson (2013 £22,000)