Abbreviated Company Accounts - COMMERCIAL AIRCRAFT SUPPORT LIMITED

COMMERCIAL AIRCRAFT SUPPORT LIMITED - Company Information

05544638 COMMERCIAL AIRCRAFT SUPPORT LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 05544638 2014-04-01 2015-03-31 05544638 2015-03-31 05544638 2014-03-31 05544638 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05544638 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 05544638

COMMERCIAL AIRCRAFT SUPPORT LIMITED

Abbreviated Accounts

31 March 2015

COMMERCIAL AIRCRAFT SUPPORT LIMITED Registered Number 05544638

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,808	5,587
		3,808	5,587
Current assets
Stocks		-	5,000
Debtors		113,511	24,935
Cash at bank and in hand		101,581	190,664
		215,092	220,599
Creditors: amounts falling due within one year		(138,011)	(113,201)
Net current assets (liabilities)		77,081	107,398
Total assets less current liabilities		80,889	112,985
Creditors: amounts falling due after more than one year		-	(9,873)
Total net assets (liabilities)		80,889	103,112
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		80,887	103,110
Shareholders' funds		80,889	103,112

For the year ending 31 March 2015 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 3 September 2015

And signed on their behalf by:
H Bunn, Director

COMMERCIAL AIRCRAFT SUPPORT LIMITED Registered Number 05544638

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery etc. - 15% on reducing balance

Valuation information and policy
Stocks
Stocks are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the exchange rate ruling at the date of the transaction. Exchange rate differnces are taken into account in arriving at the operating result.

2Tangible fixed assets

	£
Cost
At 1 April 2014	12,720
Additions	-
Disposals	(3,500)
Revaluations	-
Transfers	-
At 31 March 2015	9,220
Depreciation
At 1 April 2014	7,133
Charge for the year	671
On disposals	(2,392)
At 31 March 2015	5,412
Net book values
At 31 March 2015	3,808
At 31 March 2014	5,587

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2