Ast Besitzgesellschaft Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08370139

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

AST BESITZGESELLSCHAFT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Strohmann

D Strohmann

REGISTERED OFFICE:

Unit 70, Clywedog Road East

Wrexham Industrial Estate

Wrexham

Wrexham

LL13 9XE

REGISTERED NUMBER:

08370139

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Santander UK plc

Bridle Road

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Tangible assets

2

1,254,656

-

CURRENT ASSETS

Debtors

3

87,612

76,375

Cash at bank

234,785

-

322,397

76,375

CREDITORS

Amounts falling due within one year

1,540,525

79,304

NET CURRENT LIABILITIES

(1,218,128

)

(2,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,528

(2,929

)

PROVISIONS FOR LIABILITIES

7,285

-

NET ASSETS/(LIABILITIES)

29,243

(2,929

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

29,143

(3,029

)

SHAREHOLDERS' FUNDS

29,243

(2,929

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 9th September 2016 and were signed on its behalf by:

D Strohmann - 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).

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.

Freehold property

-

2% 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.

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

Additions

1,254,656

At 31st December 2015

1,254,656

NET BOOK VALUE

At 31st December 2015

1,254,656

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (31.12.14 - £ 73,707 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£1

100

100