Ammunition Promotions Limited - Limited company - abbreviated

REGISTERED NUMBER: 04071704 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Ammunition Promotions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Lockhart

G Warren

REGISTERED OFFICE:

27-29 Cursitor Street

London

EC4A 1LT

REGISTERED NUMBER:

04071704 (England and Wales)

ACCOUNTANTS:

Skeet Kaye LLP

27-29 Cursitor Street

London

EC4A 1LT

FIXED ASSETS

Tangible assets

2

47,181

57,379

CURRENT ASSETS

Stocks

56,316

60,306

Debtors

648,112

438,935

Cash at bank and in hand

63,167

90,603

767,595

589,844

CREDITORS

Amounts falling due within one year

685,668

409,019

NET CURRENT ASSETS

81,927

180,825

TOTAL ASSETS LESS CURRENT
LIABILITIES

129,108

238,204

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

129,104

238,200

SHAREHOLDERS' FUNDS

129,108

238,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 December 2015 and were signed on its behalf
by:

S Lockhart - Director

G Warren - Director

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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

129,727

Additions

5,528

At 31 March 2015

135,255

DEPRECIATION

At 1 April 2014

72,348

Charge for year

15,726

At 31 March 2015

88,074

NET BOOK VALUE

At 31 March 2015

47,181

At 31 March 2014

57,379

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

4

Ordinary

£1

4

Ammunition Promotions Limited - Limited company - abbreviated - 11.6

Ammunition Promotions Limited - Limited company - abbreviated - 11.6