Adventure 001 Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05258532 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

ADVENTURE 001 LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr N McLaren

REGISTERED OFFICE:

Hillmotts Farm Cottage

Hedgerley Lane

Beaconsfield

Bucks

HP9 2SB

REGISTERED NUMBER:

05258532 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

2

43,442

68,155

CURRENT ASSETS

Debtors

338,372

375,290

Cash at bank

554,287

507,427

892,659

882,717

CREDITORS

Amounts falling due within one year

596,469

647,049

NET CURRENT ASSETS

296,190

235,668

TOTAL ASSETS LESS CURRENT LIABILITIES

339,632

303,823

CREDITORS

Amounts falling due after more than one year

117,705

119,518

NET ASSETS

221,927

184,305

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

220,927

183,305

SHAREHOLDERS' FUNDS

221,927

184,305

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 director acknowledges his 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 director on 22 December 2015 and were signed by:

Mr N McLaren - 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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

137,829

Disposals

(40,975

)

At 31 March 2015

96,854

DEPRECIATION

At 1 April 2014

69,674

Charge for year

6,090

Eliminated on disposal

(22,352

)

At 31 March 2015

53,412

NET BOOK VALUE

At 31 March 2015

43,442

At 31 March 2014

68,155

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000