Abbreviated Company Accounts - ELIXISE LIMITED

ATOMA TECHNOLOGIES LIMITED - Company Information

05932786 ELIXISE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 05932786 2013-01-01 2013-12-31 05932786 2013-12-31 05932786 2012-12-31 05932786 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 05932786 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 05932786

ELIXISE LIMITED

Abbreviated Accounts

31 December 2013

ELIXISE LIMITED Registered Number 05932786

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	8,091	10,789
		8,091	10,789
Current assets
Debtors		421,879	343,185
Cash at bank and in hand		35,583	39,508
		457,462	382,693
Creditors: amounts falling due within one year		(463,307)	(355,954)
Net current assets (liabilities)		(5,845)	26,739
Total assets less current liabilities		2,246	37,528
Total net assets (liabilities)		2,246	37,528
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		2,242	37,524
Shareholders' funds		2,246	37,528

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 19 September 2014

And signed on their behalf by:
A Ruffell, Director

ELIXISE LIMITED Registered Number 05932786

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

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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment - 25% net book value

Other accounting policies
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Related party relationships and transactions

Other transactions
At the balance sheet date the company owed the directors £23,826 (2012 - £18,012).

At the balance sheet date the company was owed £269,027 by the holding company Arasero Cyprus.

At the balance sheet date the company owed £118,143 to a fellow subsidiary FOT Cyprus.

2Tangible fixed assets

	£
Cost
At 1 January 2013	23,213
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	23,213
Depreciation
At 1 January 2013	12,424
Charge for the year	2,698
On disposals	-
At 31 December 2013	15,122
Net book values
At 31 December 2013	8,091
At 31 December 2012	10,789

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
4 Ordinary shares of £1 each	4	4