Abbreviated Company Accounts - I A E LTD.

Abbreviated Company Accounts - I A E LTD.

I A E LTD. - Company Information

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Registered Number 03263484

I A E LTD.

Abbreviated Accounts

31 March 2014

I A E LTD. Registered Number 03263484

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 928 9,854
928 9,854
Current assets
Stocks 262,548 351,313
Debtors 420,935 270,056
Cash at bank and in hand 385,560 409,220
1,069,043 1,030,589
Creditors: amounts falling due within one year (301,065) (380,941)
Net current assets (liabilities) 767,978 649,648
Total assets less current liabilities 768,906 659,502
Total net assets (liabilities) 768,906 659,502
Capital and reserves
Called up share capital 300,000 300,000
Profit and loss account 468,906 359,502
Shareholders' funds 768,906 659,502
  • For the year ending 31 March 2014 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 29 September 2014

And signed on their behalf by:
Andrew Baker, Director
Garry Joyce, Director

I A E LTD. Registered Number 03263484

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year exclusive of VAT and discount

2Tangible fixed assets
£
Cost
At 1 April 2013 113,422
Additions -
Disposals (28,256)
Revaluations -
Transfers -
At 31 March 2014 85,166
Depreciation
At 1 April 2013 103,568
Charge for the year 8,926
On disposals (28,256)
At 31 March 2014 84,238
Net book values
At 31 March 2014 928
At 31 March 2013 9,854