AS Aviation Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07076874 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

AS AVIATION LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A J Scott

Mrs A Scott

REGISTERED OFFICE:

16 Old Granary Lane

Amesbury

Salisbury

England

SP4 7RY

REGISTERED NUMBER:

07076874 (England and Wales)

ACCOUNTANTS:

Hysons

Chartered Accountants

14 London Street

Andover

Hampshire

SP10 2PA

FIXED ASSETS

Tangible assets

2

996

-

CURRENT ASSETS

Debtors

-

1,000

Cash at bank

16,817

-

16,817

1,000

CREDITORS

Amounts falling due within one year

18,186

-

NET CURRENT (LIABILITIES)/ASSETS

(1,369

)

1,000

TOTAL ASSETS LESS CURRENT LIABILITIES

(373

)

1,000

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

(1,373

)

-

SHAREHOLDERS' FUNDS

(373

)

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 August 2016 and were signed on its behalf by:

Mr A J Scott - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements have been prepared on a going concern basis. This basis may not be appropriate as, at

the balance sheet date, the Company's liabilities exceeded its assets by £373. The Company's future existence

is dependant on the continued support of its major creditors..

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Office and computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,495

At 30 November 2015

1,495

DEPRECIATION

Charge for year

499

At 30 November 2015

499

NET BOOK VALUE

At 30 November 2015

996

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1.00

1,000

1,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES