Avtico Limited - Accounts to registrar - small 16.3
Avtico Limited - Accounts to registrar - small 16.3
| Unaudited Financial Statements for the Year Ended 30 April 2016 |
| for |
| Avtico Limited |
| Avtico Limited (Registered number: 08488632) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Avtico Limited |
| Company Information |
| for the Year Ended 30 April 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 2 Bridge Avenue |
| Maidenhead |
| Berkshire |
| SL6 1RR |
| Avtico Limited (Registered number: 08488632) |
| Balance Sheet |
| 30 April 2016 |
| 30.4.16 | 30.4.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 2 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Retained earnings | 5 | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges his 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 financial statements were approved by the director on |
| Avtico Limited (Registered number: 08488632) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Financial reporting standard 102 - reduced disclosure exemptions |
| The company has taken advantage of the following disclosure exemption in preparing these financial |
| statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and |
| Republic of Ireland": |
| • | the requirements of Section 7 Statement of Cash Flows. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding |
| discounts, rebates, value added tax and other sales taxes. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 2. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.16 | 30.4.15 |
| £ | £ |
| Trade debtors |
| 3. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.16 | 30.4.15 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT | 974 | 564 |
| Credit card | 756 | 234 |
| Directors' current accounts | 409 | 174 |
| Accrued expenses |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.16 | 30.4.15 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| Avtico Limited (Registered number: 08488632) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2016 |
| 5. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 May 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 April 2016 | ( |
) |
| 6. | RELATED PARTY DISCLOSURES |
| J R Haigh |
| the director |
| The director made payments on behalf of the company of £3,424 ( 2015:£1,403) and the company |
| made repayments of £3,189 (2015: £1,268) to the director during the year. |
| 30.4.16 | 30.4.15 |
| £ | £ |
| Amount due to related party at the balance sheet date | 409 | 174 |
| 7. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |