Abbreviated Company Accounts - ADUNA LIMITED

Abbreviated Company Accounts - ADUNA LIMITED

ADUNA LIMITED - Company Information

Print Friendly Version

Registered Number 07641546

ADUNA LIMITED

Abbreviated Accounts

31 May 2015

ADUNA LIMITED Registered Number 07641546

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 12,933 2,332
12,933 2,332
Current assets
Stocks 138,155 49,572
Debtors 185,008 68,316
Cash at bank and in hand 249,098 44,653
572,261 162,541
Creditors: amounts falling due within one year (84,363) (20,830)
Net current assets (liabilities) 487,898 141,711
Total assets less current liabilities 500,831 144,043
Total net assets (liabilities) 500,831 144,043
Capital and reserves
Called up share capital 1,861 1,401
Share premium account 1,203,427 456,414
Profit and loss account (704,457) (313,772)
Shareholders' funds 500,831 144,043
  • 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 31 May 2015

And signed on their behalf by:
Andrew David Hunt, Director

ADUNA LIMITED Registered Number 07641546

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 and machinery 25% straight line

2Tangible fixed assets
£
Cost
At 1 June 2014 3,562
Additions 11,602
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2015 15,164
Depreciation
At 1 June 2014 1,230
Charge for the year 1,001
On disposals 0
At 31 May 2015 2,231
Net book values
At 31 May 2015 12,933
At 31 May 2014 2,332