Photonscience Limited - Limited company - abbreviated - 11.0.0
Photonscience Limited - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
PHOTONSCIENCE LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
PHOTONSCIENCE LIMITED (REGISTERED NUMBER: 04858196) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
PHOTONSCIENCE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
PHOTONSCIENCE LIMITED (REGISTERED NUMBER: 04858196) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors on by: |
PHOTONSCIENCE LIMITED (REGISTERED NUMBER: 04858196) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
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 |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Office equipment | - |
Computer equipment | - |
Deferred taxation |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or |
a right to pay less or to receive more tax, with the following exceptions: Deferred tax assets are recognised only |
to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits |
from which the future reversal of the underlying timing differences can be deducted. |
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in |
which the timing differences reverse, based on tax rates and laws |
enacted or substantively enacted at the balance sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2013 |
Additions |
At 31 March 2014 |
DEPRECIATION |
At 1 April 2013 |
Charge for year |
At 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
Preference | £1 |
3 | 3 |
PHOTONSCIENCE LIMITED (REGISTERED NUMBER: 04858196) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MARCH 2014 |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year £1,200 (2013 - £1,200) was paid to the directors for reimbursement of expenses in respect of |
using their residential premises as an office during the year. |
Dividends totalling £20,000 (2013 - £19,100) were paid to Mrs Goodfellow during the year |
At the balance sheet date the company was owed £2,439 by the directors (2013 - £13). There was no interest |
charged on the balance and there are no fixed repayment terms. |