Athena Business Services Ltd - Period Ending 2014-03-31

Registration number: 02341392

 

Athena Business Services Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Athena Business Services Ltd
Contents

Page

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Athena Business Services Ltd
balance sheet as at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					798			1,065
Current assets
Debtors					42,059			49,000
Cash at bank and in hand					4,123			17,253
					46,182			66,253
Creditors: Amounts falling due within one year					(5,217)			(17,064)
Net current assets					40,965			49,189
Total net assets					41,763			50,254
Capital and reserves
Called up share capital		3			2,104			2,104
Profit and loss account					39,659			48,150
Shareholders' funds					41,763			50,254

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Athena Business Services Ltd
balance sheet as at 31 March 2014
......... continued

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 director acknowledges her 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 director on 16 July 2014

.........................................
Mrs K Dangerfield
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Athena Business Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Asset class	Depreciation method and rate
Plant & machinery	25 % on a reducing balance basis
Fixtures & fittings	25 % on a reducing balance basis
Computer equipent	25 % on a reducing balance basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		47,855			47,855
At 31 March 2014		47,855			47,855
Depreciation
At 1 April 2013		46,790			46,790
Charge for the year		267			267
At 31 March 2014		47,057			47,057
Net book value
At 31 March 2014		798			798
At 31 March 2013		1,065			1,065

Page 3

Athena Business Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		2,104			2,104			2,104			2,104

Page 4