ACONITE PRODUCTIONS LTD - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC382157

ACONITE PRODUCTIONS LTD

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Reques

SECRETARY:

A Reques

REGISTERED OFFICE:

4 Snaefell Avenue

Glasgow

G73 5DF

REGISTERED NUMBER:

SC382157

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

2

724

206

CURRENT ASSETS

Debtors

25,500

30,980

Cash at bank

2,461

579

27,961

31,559

CREDITORS

Amounts falling due within one year

30,711

9,033

NET CURRENT (LIABILITIES)/ASSETS

(2,750

)

22,526

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,026

)

22,732

CREDITORS

Amounts falling due after more than one year

50,000

-

NET (LIABILITIES)/ASSETS

(52,026

)

22,732

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(52,027

)

22,731

SHAREHOLDERS' FUNDS

(52,026

)

22,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 August 2014 and were signed by:

A Reques - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Equipment

-

25% on cost

Going concern

The director has prepared the accounts on a going concern basis despite there being net liabilities at the balance

sheet date as the company has continued to trade and meet all liabilities as they fall due since the year end.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

275

Additions

782

At 30 November 2013

1,057

DEPRECIATION

At 1 December 2012

69

Charge for year

264

At 30 November 2013

333

NET BOOK VALUE

At 30 November 2013

724

At 30 November 2012

206

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

1

Ordinary

1.00

1

1

4.

CONTROL