Abbreviated Company Accounts - LASER ADDITIVE SOLUTIONS LTD

Abbreviated Company Accounts - LASER ADDITIVE SOLUTIONS LTD


Registered Number 09043795

LASER ADDITIVE SOLUTIONS LTD

Abbreviated Accounts

31 May 2015

LASER ADDITIVE SOLUTIONS LTD Registered Number 09043795

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015
£
Fixed assets
Tangible assets 2 158,793
158,793
Current assets
Debtors 6,600
Cash at bank and in hand 20,296
26,896
Prepayments and accrued income 2,502
Creditors: amounts falling due within one year (86,176)
Net current assets (liabilities) (56,778)
Total assets less current liabilities 102,015
Creditors: amounts falling due after more than one year (118,638)
Accruals and deferred income (500)
Total net assets (liabilities) (17,123)
Capital and reserves
Called up share capital 3 1
Profit and loss account (17,124)
Shareholders' funds (17,123)
  • 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 6 February 2016

And signed on their behalf by:
Peter Brown, Director

LASER ADDITIVE SOLUTIONS LTD Registered Number 09043795

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 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 & Machinery 20% straight line
Office Equipment 33% straight line

2Tangible fixed assets
£
Cost
Additions 158,844
Disposals -
Revaluations -
Transfers -
At 31 May 2015 158,844
Depreciation
Charge for the year 51
On disposals -
At 31 May 2015 51
Net book values
At 31 May 2015 158,793
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
1 Ordinary shares of £1 each 1