Abbreviated Company Accounts - SPECTEL.CO.UK LIMITED

Abbreviated Company Accounts - SPECTEL.CO.UK LIMITED

SPECTEL.CO.UK LIMITED - Company Information

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Registered Number 04091111

SPECTEL.CO.UK LIMITED

Abbreviated Accounts

31 March 2014

SPECTEL.CO.UK LIMITED Registered Number 04091111

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Cash at bank and in hand 338 407
338 407
Creditors: amounts falling due within one year (6,720) (6,001)
Net current assets (liabilities) (6,382) (5,594)
Total assets less current liabilities (6,382) (5,594)
Total net assets (liabilities) (6,382) (5,594)
Capital and reserves
Called up share capital 2 2
Profit and loss account (6,384) (5,596)
Shareholders' funds (6,382) (5,594)
  • For the year ending 31 March 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 21 July 2014

And signed on their behalf by:
AJ Eva, Director

SPECTEL.CO.UK LIMITED Registered Number 04091111

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax
and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision
for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less
their estimated residual value, over their expected useful lives on the following basis:

Other accounting policies
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are
dependent upon the continued support of the directors who have undertaken to provide such support for the
foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets
to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as
current assets and long term liabilities as current liabilities.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.