Abbreviated Company Accounts - ANESTAR LIMITED
Abbreviated Company Accounts - ANESTAR LIMITED
Registered Number 05534114
ANESTAR LIMITED
Abbreviated Accounts
31 December 2013
ANESTAR LIMITED Registered Number 05534114
Abbreviated Balance Sheet as at 31 December 2013
| Notes | 2013 | 2012 | |
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| £ | £ | ||
| Fixed assets | |||
| Intangible assets |
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| Tangible assets |
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| Investments |
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| Current assets | |||
| Stocks |
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| Debtors |
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| Investments |
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| Cash at bank and in hand |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
( |
( |
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| Net current assets (liabilities) |
( |
( |
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| Total assets less current liabilities |
( |
( |
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| Creditors: amounts falling due after more than one year |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
( |
( |
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| Capital and reserves | |||
| Called up share capital |
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| Share premium account |
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| Revaluation reserve |
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| Other reserves |
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| Profit and loss account |
( |
( |
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| Shareholders' funds |
( |
( |
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For the year ending 31 December 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
And signed on their behalf by:
ANESTAR LIMITED Registered Number 05534114
Notes to the Abbreviated Accounts for the period ended 31 December 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
The principal accounting policies adopted in the preparation of these financial statements are set out below:
Basis preparation
The financial statements, which are expressed in Sterling Pounds, have been prepared under the historical cost convention and in accordance with:
I. The Financial Reporting Standard for Smaller Entities (effective April 2008); and
II. The special provision of Part VII of the Companies Act 2006 relating to small companies.
Foreign currencies
The company’s books and records are maintained in US$, which is the operating currency of the company.
All profit and loss items are translated into Sterling Pounds using the average exchange rate for the period.
All balance sheet items with the exemption of share capital and reserves are translated into Sterling Pounds at the rate of exchange ruling at the end of financial year. Share capital and reserves are stated in the financial statements at historical cost.
Translation differences arising there from are taken to the profit and loss account.
Taxation
Provision is made for corporation tax on the taxable profit for the period at the appropriate rates in force.