Abbreviated Company Accounts - PROTOZOON LIMITED
Abbreviated Company Accounts - PROTOZOON LIMITED
Registered Number 03666247
PROTOZOON LIMITED
Abbreviated Accounts
30 November 2013
PROTOZOON LIMITED Registered Number 03666247
Abbreviated Balance Sheet as at 30 November 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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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 | 3 |
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Profit and loss account |
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Shareholders' funds |
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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
And signed on their behalf by:
PROTOZOON LIMITED Registered Number 03666247
Notes to the Abbreviated Accounts for the period ended 30 November 2013
1Accounting Policies
Basis of measurement and preparation of accounts
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover policy
Tangible assets depreciation policy
Plant and machinery 20 - 50% Straight line
Fixtures, fittings & equipment 20% Straight line
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Revenue recognition
Revenue is recognised by the company at the point that completed works and services are invoiced
to customers.
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
£ | |
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Cost | |
At 1 December 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2013 |
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Depreciation | |
At 1 December 2012 |
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Charge for the year |
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On disposals |
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At 30 November 2013 |
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Net book values | |
At 30 November 2013 | 6,578 |
At 30 November 2012 | 9,059 |
4Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 December 2012: | £ |
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Advances or credits made: | ||
Advances or credits repaid: | £ |
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Balance at 30 November 2013: | £ |