Abbreviated Company Accounts - ASGARD ENGINEERING (1986) LIMITED

Abbreviated Company Accounts - ASGARD ENGINEERING (1986) LIMITED

ASGARD ENGINEERING (1986) LIMITED - Company Information

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Registered Number 04454141

ASGARD ENGINEERING (1986) LIMITED

Abbreviated Accounts

31 May 2014

ASGARD ENGINEERING (1986) LIMITED Registered Number 04454141

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 223 1,202
223 1,202
Current assets
Stocks 50 250
Debtors 4,472 11,080
Cash at bank and in hand 5,578 747
10,100 12,077
Creditors: amounts falling due within one year (9,748) (11,173)
Net current assets (liabilities) 352 904
Total assets less current liabilities 575 2,106
Total net assets (liabilities) 575 2,106
Capital and reserves
Called up share capital 2 2
Profit and loss account 573 2,104
Shareholders' funds 575 2,106
  • For the year ending 31 May 2014 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 25 September 2014

And signed on their behalf by:
H ROGERSON, Director

ASGARD ENGINEERING (1986) LIMITED Registered Number 04454141

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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.

2Tangible fixed assets
£
Cost
At 1 June 2013 11,274
Additions 4,750
Disposals (13,627)
Revaluations -
Transfers -
At 31 May 2014 2,397
Depreciation
At 1 June 2013 10,072
Charge for the year 74
On disposals (7,972)
At 31 May 2014 2,174
Net book values
At 31 May 2014 223
At 31 May 2013 1,202