Abbreviated Company Accounts - ATROPYN LIMITED

Abbreviated Company Accounts - ATROPYN LIMITED


Registered Number 08063206

ATROPYN LIMITED

Abbreviated Accounts

31 May 2015

ATROPYN LIMITED Registered Number 08063206

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,381 708
1,381 708
Current assets
Stocks 11,755 -
Debtors 28,866 2,736
Cash at bank and in hand 45,707 47,982
86,328 50,718
Creditors: amounts falling due within one year (52,763) (38,014)
Net current assets (liabilities) 33,565 12,704
Total assets less current liabilities 34,946 13,412
Total net assets (liabilities) 34,946 13,412
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 34,945 13,411
Shareholders' funds 34,946 13,412
  • For the year ending 31 May 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 7 October 2015

And signed on their behalf by:
M Da Costa, Director

ATROPYN LIMITED Registered Number 08063206

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods and services provided to customers.

Tangible assets depreciation policy
The cost of equipment is depreciated by 25% per annum on a straight line basis

Other accounting policies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 June 2014 1,305
Additions 1,332
Disposals -
Revaluations -
Transfers -
At 31 May 2015 2,637
Depreciation
At 1 June 2014 597
Charge for the year 659
On disposals -
At 31 May 2015 1,256
Net book values
At 31 May 2015 1,381
At 31 May 2014 708
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1