Optimec Limited - Limited company - abbreviated - 11.6
Optimec Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| OPTIMEC LIMITED |
| ABBREVIATED UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| OPTIMEC LIMITED (REGISTERED NUMBER: 01436294) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| OPTIMEC LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| OPTIMEC LIMITED (REGISTERED NUMBER: 01436294) |
| ABBREVIATED BALANCE SHEET |
| 30 NOVEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks and work in progress |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| OPTIMEC LIMITED (REGISTERED NUMBER: 01436294) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 NOVEMBER 2014 |
| The financial statements were approved by the Board of Directors on behalf by: |
| A J Perkins - Director | C E Richards - Director |
| M A Richards - Director |
| OPTIMEC LIMITED (REGISTERED NUMBER: 01436294) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| 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 sales of goods and services, excluding value added tax. |
| Intangible fixed assets |
| Amortisation is provided on patents and licences, development and website costs split equally over |
| their estimated useful lifetimes of 5, 4 and 10 years respectively. |
| Tangible fixed assets |
| Leasehold improvements | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Research and development |
| Expenditure on research and development is capitalised within the accounts. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2013 |
| Additions |
| At 30 November 2014 |
| AMORTISATION |
| At 1 December 2013 |
| Amortisation for year |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| At 30 November 2013 |
| OPTIMEC LIMITED (REGISTERED NUMBER: 01436294) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2013 |
| Additions |
| At 30 November 2014 |
| DEPRECIATION |
| At 1 December 2013 |
| Charge for year |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| At 30 November 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, called up and fully paid: | 2014 | 2013 |
| 102 Ordinary shares of £1 | 102 | 102 |
| 1 Ordinary A shares of £1 | 1 | 1 |
| 1 Ordinary B shares of £1 | 1 | 1 |
| 1 Ordinary C shares of £1 | 1 | 1 |
| 105 | 105 |