Abbreviated Company Accounts - HELIOSPHERE LIMITED

HELIOSPHERE LIMITED - Company Information

Registered Number 07075093

HELIOSPHERE LIMITED

Abbreviated Accounts

31 December 2013

HELIOSPHERE LIMITED Registered Number 07075093

Abbreviated Balance Sheet as at 31 December 2013

	2013	2012
	£	£
Current assets
Cash at bank and in hand	1,105	2,066
	1,105	2,066
Creditors: amounts falling due within one year	(6,348)	(5,650)
Net current assets (liabilities)	(5,243)	(3,584)
Total assets less current liabilities	(5,243)	(3,584)
Total net assets (liabilities)	(5,243)	(3,584)
Capital and reserves
Called up share capital	1	1
Profit and loss account	(5,244)	(3,585)
Shareholders' funds	(5,243)	(3,584)

For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
G Jones, Director

HELIOSPHERE LIMITED Registered Number 07075093

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with statements of standard accounting practice and financial reporting standards issued by UK accountancy bodies. The particular accounting policies adopted are described below.

Accounting convention

The financial statements have been prepared under the historical cost convention.

Turnover policy
Turnover represents the net amount invoiced for goods and services less trade discounts excluding value added tax and is attributable to one activity carried on wholly in the United Kingdom.

Tangible assets depreciation policy
Depreciation

Depreciation is provided on assets so as to write off the cost over their expected useful life on the following basis:

Motor Vehicles 25% on written down value
Equipment 25% on written down value

Other accounting policies
Deferred taxation

Deferred taxation is provided on all timing differences arising from the inclusion of income and expenditure in taxation computations in periods different from those in which they are included in the financial statements, except where the tax reduction is expected to continue for the future.