Asliton Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06021642 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Asliton Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss V L Jones

REGISTERED OFFICE:

2B Fernleigh Villas

Railway View Avenue

Clitheroe

Lancashire

BB7 2HA

REGISTERED NUMBER:

06021642 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

2

163

204

CURRENT ASSETS

Debtors

27,856

47,992

Cash at bank

10,695

10,103

38,551

58,095

CREDITORS

Amounts falling due within one year

10,933

24,836

NET CURRENT ASSETS

27,618

33,259

TOTAL ASSETS LESS CURRENT LIABILITIES

27,781

33,463

PROVISIONS FOR LIABILITIES

33

41

NET ASSETS

27,748

33,422

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

27,746

33,420

SHAREHOLDERS' FUNDS

27,748

33,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 October 2014 and were signed by:

Miss V L Jones - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

20% - reducing balance.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

319

DEPRECIATION

At 1 April 2013

115

Charge for year

41

At 31 March 2014

156

NET BOOK VALUE

At 31 March 2014

163

At 31 March 2013

204

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary Shares

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

Miss V L Jones

Balance outstanding at start of year

47,993

-

Amounts advanced

15,647

81,503

Amounts repaid

(39,081

)

(33,510

)

Balance outstanding at end of year

24,559

47,993