Company Registration No. 02292541 (England and Wales)
AEGIS SYSTEMS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
AEGIS SYSTEMS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
AEGIS SYSTEMS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Current assets
Stocks
-
175,366
Debtors
77,610
52,321
Cash at bank and in hand
559,610
553,335
637,220
781,022
Creditors: amounts falling due within one year
(35,512)
(185,543)
Total assets less current liabilities
601,708
595,479
Capital and reserves
Called up share capital
2
308
308
Other reserves
132
132
Profit and loss account
601,268
595,039
Shareholders' funds
601,708
595,479
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 March 2016
Mr P S Hansell
Director
Company Registration No. 02292541
AEGIS SYSTEMS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The company has ceased to trade and the company is not now considered to be a going concern. The assets have been written down to realisable values.
The company has ceased to trade and the company is not now considered to be a going concern. The assets have been written down to realisable values.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable accounting standards.
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
25% Reducing Balance
Motor vehicles
25% Reducing Balance
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Share capital
2015
2014
£
£
Allotted, called up and fully paid
308 Ordinary shares of £1 each
308
308
