Abbreviated Company Accounts - APG EQUINE LTD

06719988 APG EQUINE LTD 2013-11-30 false 2012-12-01 2013-11-30 true 06719988 2012-12-01 2013-11-30 06719988 2013-11-30 06719988 2012-11-30 06719988 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 06719988 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 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 06719988

APG EQUINE LTD

Abbreviated Accounts

30 November 2013

APG EQUINE LTD Registered Number 06719988

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	364	727
Tangible assets	3	21,165	24,222
		21,529	24,949
Current assets
Stocks		12,632	16,409
Debtors		172	-
		12,804	16,409
Creditors: amounts falling due within one year		(57,216)	(49,871)
Net current assets (liabilities)		(44,412)	(33,462)
Total assets less current liabilities		(22,883)	(8,513)
Creditors: amounts falling due after more than one year		(6,783)	(11,066)
Provisions for liabilities		(4,233)	-
Total net assets (liabilities)		(33,899)	(19,579)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(33,901)	(19,581)
Shareholders' funds		(33,899)	(19,579)

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 28 August 2014

And signed on their behalf by:
Captain C Penny, Director

APG EQUINE LTD Registered Number 06719988

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

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 value represents the total invoice value, excluding VAT of any sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant & Machinery - 8 Years Straight Line
Motor Vehicles - 12 Years Straight Line

Intangible assets amortisation policy
Acquired goodwill is ammortised over 6 years.

Other accounting policies
Going Concern - In the opinion of the Directors the Going Concern basis is appropriate. The Directors have considered the position of the company for the proceeding 12 months and are confident that the company performance will continue to improve, as well as with their continued support from not withdrawing from their loan accounts until cashflow permits.

2Intangible fixed assets

	£
Cost
At 1 December 2012	2,179
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	2,179
Amortisation
At 1 December 2012	1,452
Charge for the year	363
On disposals	-
At 30 November 2013	1,815
Net book values
At 30 November 2013	364
At 30 November 2012	727

Acquired Goodwill is ammortised over 6 years.

3Tangible fixed assets

	£
Cost
At 1 December 2012	32,169
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	32,169
Depreciation
At 1 December 2012	7,947
Charge for the year	3,057
On disposals	-
At 30 November 2013	11,004
Net book values
At 30 November 2013	21,165
At 30 November 2012	24,222

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2