Abbreviated Company Accounts - ASSOS SHIPPING UK LTD
Abbreviated Company Accounts - ASSOS SHIPPING UK LTD
Registered Number 08731847
ASSOS SHIPPING UK LTD
Abbreviated Accounts
31 October 2014
ASSOS SHIPPING UK LTD Registered Number 08731847
Abbreviated Balance Sheet as at 31 October 2014
Notes | 2014 | ||
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$ | |||
Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 October 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
And signed on their behalf by:
ASSOS SHIPPING UK LTD Registered Number 08731847
Notes to the Abbreviated Accounts for the period ended 31 October 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover policy
company in its role as an agent and not the value of transactions undertaken on behalf of the
principal.
Other accounting policies
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred
taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.