Abbreviated Company Accounts - VOLTIMUM UK & IRELAND LIMITED

VOLTIMUM UK & IRELAND LIMITED - Company Information

02690934 VOLTIMUM UK & IRELAND LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02690934 2013-01-01 2013-12-31 02690934 2013-12-31 02690934 2012-12-31 02690934 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02690934 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02690934

VOLTIMUM UK & IRELAND LIMITED

Abbreviated Accounts

31 December 2013

VOLTIMUM UK & IRELAND LIMITED Registered Number 02690934

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	25,157	45,812
		25,157	45,812
Current assets
Stocks		-	585
Debtors		68,244	118,484
Cash at bank and in hand		157,601	108,796
		225,845	227,865
Creditors: amounts falling due within one year		(237,240)	(262,559)
Net current assets (liabilities)		(11,395)	(34,694)
Total assets less current liabilities		13,762	11,118
Total net assets (liabilities)		13,762	11,118
Capital and reserves
Called up share capital	3	4,902	4,902
Profit and loss account		8,860	6,216
Shareholders' funds		13,762	11,118

For the year ending 31 December 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 15 August 2014

And signed on their behalf by:
W Schickbauer, Director

VOLTIMUM UK & IRELAND LIMITED Registered Number 02690934

Notes to the Abbreviated Accounts for the period ended 31 December 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 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 - 33% Straight line

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

Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2013	150,649
Additions	10,776
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	161,425
Depreciation
At 1 January 2013	104,837
Charge for the year	31,431
On disposals	-
At 31 December 2013	136,268
Net book values
At 31 December 2013	25,157
At 31 December 2012	45,812

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

	2013 £	2012 £
4,902 Ordinary shares of £1 each	4,902	4,902

Ultimate parent undertaking

The largest group in which the financial statements are consolidated is that headed by the ultimate parent undertaking, Voltimum SA which is incorporated in Switzerland. Copies of the group financial statements of Voltimum SA can be obtained from Voltimum SA, Rue Lect 29, CH-1217 MEYRIN, Switzerland.