AUGTRAD LIMITED - Accounts 2013


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/12/2013

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07738748


Registered Number: 07738748

BALANCE SHEET AT 31/12/2013

			2013		2012
	Notes		£		£

FIXED ASSETS
Investments	2		80,500		60,100

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	35,181		14,900
Cash at bank and in hand		54,600		43,000
		89,781		57,900
CREDITORS: Amounts falling due within one year		130,055		87,999
NET CURRENT LIABILITIES			(40,274)		(30,099)
TOTAL ASSETS LESS CURRENT LIABILITIES			40,226		30,001


CREDITORS: Amounts falling due after more than one year	4		30,000		30,000

NET ASSETS			10,226		1

CAPITAL AND RESERVES

Called up share capital	5		1		1
Profit and loss account			10,225		-
SHAREHOLDERS' FUNDS			10,226		1

For the year ending 31/12/2013 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 23/09/2014 and signed on their behalf by




D H Wookey
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




3. DEBTORS	2013	2012
	£	£

Amounts falling due within one year:
Other debtors	35,181	14,900
	35,181	14,900




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2013	2012
	£	£
Other creditors	30,000	30,000
	30,000	30,000




5. SHARE CAPITAL	2013	2012
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1

New shares issued during period:
1 Ordinary shares of £1 each	1	1
	-	1




6. TRANSACTIONS WITH DIRECTORS
Included in Creditors, amounts falling due within one year, is an amount owing to the director of £57,499 (2012 - £31,499)