Abbreviated Company Accounts - ASSINI LIMITED

07925197 ASSINI LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 07925197 2014-02-01 2015-01-31 07925197 2015-01-31 07925197 2014-01-31 07925197 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 07925197 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2015-01-31 uk-gaap-cd-bus:Director3 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 07925197

ASSINI LIMITED

Abbreviated Accounts

31 January 2015

ASSINI LIMITED Registered Number 07925197

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	110,391	47,563
		110,391	47,563
Current assets
Debtors		669,755	189,223
Cash at bank and in hand		135,266	153,336
		805,021	342,559
Creditors: amounts falling due within one year		(634,355)	(199,122)
Net current assets (liabilities)		170,666	143,437
Total assets less current liabilities		281,057	191,000
Provisions for liabilities		(15,466)	(2,769)
Total net assets (liabilities)		265,591	188,231
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		265,491	188,131
Shareholders' funds		265,591	188,231

For the year ending 31 January 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 29 January 2016

And signed on their behalf by:
Mr R M Lefever, Director

ASSINI LIMITED Registered Number 07925197

Notes to the Abbreviated Accounts for the period ended 31 January 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor vehicles - 25% reducing balance basis
Fixtures and fittings - 25% straight line basis
Computer equipment - 33.3% straight line basis

Other accounting policies
Ultimate parent undertaking and controlling party
The ultimate parent company is P.R.A.C. Ltd. The ultimate controlling part is Mr R M Lefever, the director.

2Tangible fixed assets

	£
Cost
At 1 February 2014	83,872
Additions	111,996
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	195,868
Depreciation
At 1 February 2014	36,309
Charge for the year	49,168
On disposals	-
At 31 January 2015	85,477
Net book values
At 31 January 2015	110,391
At 31 January 2014	47,563

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr R M Lefever
Description of the transaction:	Loan
Balance at 1 February 2014:	£ 104,251
Advances or credits made:	£ 155,067
Advances or credits repaid:	£ 60,000
Balance at 31 January 2015:	£ 199,318