Abbreviated Company Accounts - ACTION AVIATION CONSULTING LTD

Abbreviated Company Accounts - ACTION AVIATION CONSULTING LTD

ACTION AVIATION CONSULTING LTD - Company Information

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Registered Number 08097808

ACTION AVIATION CONSULTING LTD

Abbreviated Accounts

30 November 2015

ACTION AVIATION CONSULTING LTD Registered Number 08097808

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,361 1,861
1,361 1,861
Current assets
Debtors 36,591 1,347
Cash at bank and in hand 18,481 6,280
55,072 7,627
Creditors: amounts falling due within one year (89,367) (52,035)
Net current assets (liabilities) (34,295) (44,408)
Total assets less current liabilities (32,934) (42,547)
Total net assets (liabilities) (32,934) (42,547)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (33,934) (43,547)
Shareholders' funds (32,934) (42,547)
  • For the year ending 30 November 2015 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 26 August 2016

And signed on their behalf by:
George Harding, Director

ACTION AVIATION CONSULTING LTD Registered Number 08097808

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings
-
20% Reducing Balance

Office equipment
-
20% Straight Line

2Tangible fixed assets
£
Cost
At 1 December 2014 3,101
Additions 150
Disposals -
Revaluations -
Transfers -
At 30 November 2015 3,251
Depreciation
At 1 December 2014 1,240
Charge for the year 650
On disposals -
At 30 November 2015 1,890
Net book values
At 30 November 2015 1,361
At 30 November 2014 1,861