Abbreviated Company Accounts - AZPECTS LIMITED

06800513 AZPECTS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 06800513 2015-07-01 2016-06-30 06800513 2016-06-30 06800513 2015-06-30 06800513 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 06800513 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-06-30 iso4217:GBP shares

Registered Number 06800513

AZPECTS LIMITED

Abbreviated Accounts

30 June 2016

AZPECTS LIMITED Registered Number 06800513

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	76,687	31,900
		76,687	31,900
Current assets
Stocks		49,525	65,145
Debtors		1,077,506	641,097
Cash at bank and in hand		82,177	82,594
		1,209,208	788,836
Net current assets (liabilities)		1,209,208	788,836
Total assets less current liabilities		1,285,895	820,736
Creditors: amounts falling due after more than one year		(769,005)	(382,644)
Provisions for liabilities		(9,115)	(5,814)
Total net assets (liabilities)		507,775	432,278
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		507,675	432,178
Shareholders' funds		507,775	432,278

For the year ending 30 June 2016 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 15 November 2016

And signed on their behalf by:
P L Taylor, Director

AZPECTS LIMITED Registered Number 06800513

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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 January 2015.

Turnover policy
Turnover represents net invoiced sales and services provided, excluding value added tax and is recognised at the point of sale

Tangible assets depreciation policy
Depreciation in provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and Machinery etc : 25% and 20% on cost

Valuation information and policy
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 July 2015	57,242
Additions	70,662
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	127,904
Depreciation
At 1 July 2015	25,342
Charge for the year	25,875
On disposals	-
At 30 June 2016	51,217
Net book values
At 30 June 2016	76,687
At 30 June 2015	31,900

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

	2016 £	2015 £
45 A Ordinary shares of £1 each	45	45
45 B Ordinary shares of £1 each	45	45
10 C Ordinary shares of £1 each	10	10