Abbreviated Company Accounts - AUTHENTICATION TECHNOLOGIES LIMITED

Abbreviated Company Accounts - AUTHENTICATION TECHNOLOGIES LIMITED


Registered Number 07029467

AUTHENTICATION TECHNOLOGIES LIMITED

Abbreviated Accounts

30 November 2014

AUTHENTICATION TECHNOLOGIES LIMITED Registered Number 07029467

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Current assets
Debtors - 28
Cash at bank and in hand 37 1,794
37 1,822
Creditors: amounts falling due within one year (17,004) (3,923)
Net current assets (liabilities) (16,967) (2,101)
Total assets less current liabilities (16,967) (2,101)
Total net assets (liabilities) (16,967) (2,101)
Capital and reserves
Called up share capital 2 8,776 8,750
Share premium account 281,224 273,750
Profit and loss account (306,967) (284,601)
Shareholders' funds (16,967) (2,101)
  • For the year ending 30 November 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 28 August 2015

And signed on their behalf by:
Alan Bashforth, Director

AUTHENTICATION TECHNOLOGIES LIMITED Registered Number 07029467

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

Other accounting policies
The accounts have been prepared on the basis the the Company is a going concern. The Directors are aware that the Company's liabilities exceed the assets of the Company at the balance sheet date; however, the Directors believe that the Company remains a going concern for the foreseeable future.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
877,625 Ordinary shares of £0.01 each (875,000 shares for 2013) 8,776 8,750

During the year the Company allotted a further 2,625 shares for a total consideration of £7,500