Aikido Limited,Ltd - Accounts

Aikido Limited,Ltd - Accounts

AIKIDO LIMITED - Company Information

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2014-10-01 true false Private Limited Company 02059025 2015-09-30 02059025 2014-10-01 2015-09-30 02059025 2014-09-30 02059025 2013-10-01 2014-09-30 02059025 uk-bus:Director1 2014-10-01 2015-09-30 02059025 uk-gaap:Buildings 2014-10-01 2015-09-30 02059025 uk-gaap:OfficeEquipment 2014-10-01 2015-09-30 02059025 uk-gaap:FixturesFittings 2014-10-01 2015-09-30 02059025 uk-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP
Aikido Limited
For the year ended 30 September 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02059025
2
Contents Page
Aikido Limited
For the year ended 30 September 2015
1
Accountants' Report
2
Balance Sheet
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Notes to the Abbreviated Financial Statements
3
Aikido Limited
Accountants' Report
For the year ended 30 September 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 30 September 2015 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Brindley Goldstein Limited
103 High Street
Waltham Cross
Hertfordshire
EN8 7AN
27 June 2016
Dated:
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4
Abbreviated Balance Sheet
Aikido Limited
As at 30 September 2015
02059025
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
2,855
6,840
2,855
6,840
Current assets
Stocks
570
425
Debtors
2,800
2,800
Cash at bank and in hand
1,470
1,109
4,695
4,479
Creditors: amounts falling due within one year
(8,797)
(6,970)
(4,318)
(2,275)
Net current liabilities
Total assets less current liabilities
580
2,522
580
Net assets
2,522
Capital and reserves
Called up share capital
100
3
100
Profit and loss account
480
2,422
580
2,522
Shareholders funds
For the 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.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 27 June 2016
Dr A. A. Hathaway Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Aikido Limited
For the year ended 30 September 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Leasehold Premises
term of lease Per annum on cost
Office Equipment
10% Straight line
Fixtures and Fittings
10% Straight line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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Notes to the Abbreviated Financial Statements
Aikido Limited
For the year ended 30 September 2015
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
36,490
At 01 October 2014
At 30 September 2015
36,490
Depreciation
29,650
At 01 October 2014
3,985
Charge for year
33,635
At 30 September 2015
Net book values
At 30 September 2015
2,855
6,840
At 30 September 2014
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Ordinary shares of £1.00 each
100
100
100
100
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