Abbreviated Company Accounts - ATOMIC22 LIMITED

Registered Number 07230173

ATOMIC22 LIMITED

Abbreviated Accounts

30 April 2013

ATOMIC22 LIMITED Registered Number 07230173

Abbreviated Balance Sheet as at 30 April 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	26,198	26,582
Tangible assets	3	32,887	42,863
		59,085	69,445
Current assets
Debtors		6,928	3,720
Cash at bank and in hand		6,484	4,181
		13,412	7,901
Creditors: amounts falling due within one year		(263,426)	(205,278)
Net current assets (liabilities)		(250,014)	(197,377)
Total assets less current liabilities		(190,929)	(127,932)
Accruals and deferred income		(1,000)	-
Total net assets (liabilities)		(191,929)	(127,932)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(192,029)	(128,032)
Shareholders' funds		(191,929)	(127,932)

For the year ending 30 April 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:
Patrick Wells, Director

ATOMIC22 LIMITED Registered Number 07230173

Notes to the Abbreviated Accounts for the period ended 30 April 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 & Machinery -20% straight line

Intangible assets amortisation policy
Patents are valued at cost.

Other accounting policies
Research and development

Research expenditure is written off to the profit and loss account in the year in which it is incurred.

2Intangible fixed assets

	£
Cost
At 1 May 2012	26,966
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2013	26,966
Amortisation
At 1 May 2012	384
Charge for the year	384
On disposals	-
At 30 April 2013	768
Net book values
At 30 April 2013	26,198
At 30 April 2012	26,582

3Tangible fixed assets

	£
Cost
At 1 May 2012	53,289
Additions	852
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2013	54,141
Depreciation
At 1 May 2012	10,426
Charge for the year	10,828
On disposals	-
At 30 April 2013	21,254
Net book values
At 30 April 2013	32,887
At 30 April 2012	42,863