Amilco Limited - Abbreviated accounts

Registered number

08809708

Amilco Limited

Abbreviated Accounts

31 December 2015

Amilco Limited
Registered number:		08809708
Abbreviated Balance Sheet
as at 31 December 2015

Notes			2015			2014
£				£
Current assets
Debtors		1,002,659			-
Cash at bank and in hand		52,636			-
		1,055,295			-

Creditors: amounts falling due within one year		(6,131,349)			(8,247)

Net current liabilities			(5,076,054)			(8,247)

Net liabilities			(5,076,054)			(8,247)

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			(5,076,154)			(8,347)

Shareholder's funds			(5,076,054)			(8,247)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Amit H Patel
Director
Approved by the board on 3 March 2016

Amilco Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Research & Development
	Research expenditure is written off to the profit and loss account in the year in which it is incurred. Development expenditure is written off in the same way unless the directors are satisfied as to the technical, commercial and financial viability of individual project. in this situation, the expenditure is deferred and amortised over the period during which the company is expected to benefit.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100