Abbreviated Company Accounts - METIS AVIATION LIMITED

Abbreviated Company Accounts - METIS AVIATION LIMITED

METIS AVIATION LIMITED - Company Information

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Registered Number 07346062

METIS AVIATION LIMITED

Abbreviated Accounts

31 March 2015

METIS AVIATION LIMITED Registered Number 07346062

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 23,423 15,352
23,423 15,352
Current assets
Stocks 125,849 8,201
Debtors 64,014 360
Cash at bank and in hand 156,952 109,371
346,815 117,932
Creditors: amounts falling due within one year (244,962) (132,597)
Net current assets (liabilities) 101,853 (14,665)
Total assets less current liabilities 125,276 687
Total net assets (liabilities) 125,276 687
Capital and reserves
Called up share capital 200 200
Profit and loss account 125,076 487
Shareholders' funds 125,276 687
  • 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 20 November 2015

And signed on their behalf by:
P Butler, Director

METIS AVIATION LIMITED Registered Number 07346062

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

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.

2Tangible fixed assets
£
Cost
At 1 April 2014 22,280
Additions 13,927
Disposals -
Revaluations -
Transfers -
At 31 March 2015 36,207
Depreciation
At 1 April 2014 6,928
Charge for the year 5,856
On disposals -
At 31 March 2015 12,784
Net book values
At 31 March 2015 23,423
At 31 March 2014 15,352