Abbreviated Company Accounts - AQUAVITRUM LTD

08313370 AQUAVITRUM LTD 2014-12-31 false 2014-01-01 2014-12-31 true 08313370 2014-01-01 2014-12-31 08313370 2014-12-31 08313370 2013-12-31 08313370 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 08313370 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 08313370

AQUAVITRUM LTD

Abbreviated Accounts

31 December 2014

AQUAVITRUM LTD Registered Number 08313370

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	11,541	5,903
		11,541	5,903
Current assets
Debtors		57,105	19,404
Cash at bank and in hand		8,586	11,177
		65,691	30,581
Creditors: amounts falling due within one year		(336,283)	(131,367)
Net current assets (liabilities)		(270,592)	(100,786)
Total assets less current liabilities		(259,051)	(94,883)
Total net assets (liabilities)		(259,051)	(94,883)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(259,151)	(94,983)
Shareholders' funds		(259,051)	(94,883)

For the year ending 31 December 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 25 September 2015

And signed on their behalf by:
Mr R Ingram, Director

AQUAVITRUM LTD Registered Number 08313370

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention.
The accounts have been prepared on a going concern basis under the assumption that the company will continue to receive the support of its creditors, in particular the directors.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice, (which have been applied consistently (except as otherwise stated).

Other accounting policies
Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same way unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period during which the company is expected to benefit.
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.

2Intangible fixed assets

	£
Cost
At 1 January 2014	5,903
Additions	5,638
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	11,541
Amortisation
At 1 January 2014	-
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	11,541
At 31 December 2013	5,903

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100