Amberseas Maritime Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08294088 (England and Wales)

AMBERSEAS MARITIME LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D.J. Williams

Mrs M. Williams

REGISTERED OFFICE:

Southgate Chambers

37/39 Southgate Street

Winchester

Hampshire

SO23 9EH

REGISTERED NUMBER:

08294088 (England and Wales)

ACCOUNTANTS:

Bland Baker

Chartered Accountants

21 Lodge Lane

Grays

Essex

RM17 5RY

FIXED ASSETS

Tangible assets

2

4,571

5,378

CURRENT ASSETS

Debtors

8,339

59,609

Cash at bank

8,555

78,732

16,894

138,341

CREDITORS

Amounts falling due within one year

11,941

138,479

NET CURRENT ASSETS/(LIABILITIES)

4,953

(138

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,524

5,240

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

9,424

5,140

SHAREHOLDERS' FUNDS

9,524

5,240

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 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 31 August 2016 and were signed on its
behalf by:

D.J. Williams - 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 April 2008).

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Deferred tax

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

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 31 December 2014

and 30 December 2015

6,444

DEPRECIATION

At 31 December 2014

1,066

Charge for year

807

At 30 December 2015

1,873

NET BOOK VALUE

At 30 December 2015

4,571

At 30 December 2014

5,378

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100