Abbreviated Company Accounts - INDEPENDENT ASBESTOS SURVEYS AND SERVICES LTD

INDEPENDENT ASBESTOS SURVEYS AND SERVICES LTD - Company Information

Registered Number 08343744

INDEPENDENT ASBESTOS SURVEYS AND SERVICES LTD

Abbreviated Accounts

31 December 2014

INDEPENDENT ASBESTOS SURVEYS AND SERVICES LTD Registered Number 08343744

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	12,000	16,000
Tangible assets	3	799	1,065
		12,799	17,065
Current assets
Stocks		9,000	-
Debtors		12,644	6,772
Cash at bank and in hand		24,635	12,712
		46,279	19,484
Creditors: amounts falling due within one year		(57,513)	(33,358)
Net current assets (liabilities)		(11,234)	(13,874)
Total assets less current liabilities		1,565	3,191
Total net assets (liabilities)		1,565	3,191
Capital and reserves
Called up share capital		99	99
Profit and loss account		1,466	3,092
Shareholders' funds		1,565	3,191

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 27 December 2015

And signed on their behalf by:
M Hall, Director

INDEPENDENT ASBESTOS SURVEYS AND SERVICES LTD Registered Number 08343744

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Plant and equipment 20% straight line.

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.

2Intangible fixed assets

	£
Cost
At 1 January 2014	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	20,000
Amortisation
At 1 January 2014	4,000
Charge for the year	4,000
On disposals	-
At 31 December 2014	8,000
Net book values
At 31 December 2014	12,000
At 31 December 2013	16,000

3Tangible fixed assets

	£
Cost
At 1 January 2014	1,331
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	1,331
Depreciation
At 1 January 2014	266
Charge for the year	266
On disposals	-
At 31 December 2014	532
Net book values
At 31 December 2014	799
At 31 December 2013	1,065