Abbreviated Company Accounts - ACTIVE MASTICS LIMITED

ACTIVE MASTICS LIMITED - Company Information

06273191 ACTIVE MASTICS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 06273191 2015-07-01 2016-06-30 06273191 2016-06-30 06273191 2015-06-30 06273191 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 06273191 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 iso4217:GBP shares

Registered Number 06273191

ACTIVE MASTICS LIMITED

Abbreviated Accounts

30 June 2016

ACTIVE MASTICS LIMITED Registered Number 06273191

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,572	2,324
		4,572	2,324
Current assets
Stocks		2,500	1,500
Debtors		167,316	126,863
Cash at bank and in hand		67,690	22,681
		237,506	151,044
Creditors: amounts falling due within one year		(61,394)	(56,309)
Net current assets (liabilities)		176,112	94,735
Total assets less current liabilities		180,684	97,059
Accruals and deferred income		(1,950)	(1,950)
Total net assets (liabilities)		178,734	95,109
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		178,434	94,809
Shareholders' funds		178,734	95,109

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 28 November 2016

And signed on their behalf by:
L Laurie, Director

ACTIVE MASTICS LIMITED Registered Number 06273191

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 April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Computer Equipment 25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 July 2015	4,830
Additions	3,773
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	8,603
Depreciation
At 1 July 2015	2,506
Charge for the year	1,525
On disposals	-
At 30 June 2016	4,031
Net book values
At 30 June 2016	4,572
At 30 June 2015	2,324

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

	2016 £	2015 £
300 Ordinary shares of £1 each	300	300