Abbreviated Company Accounts - SMURTHWAITE AIR LIMITED

Abbreviated Company Accounts - SMURTHWAITE AIR LIMITED

SMURTHWAITE AIR LIMITED - Company Information

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Registered Number 07128472

SMURTHWAITE AIR LIMITED

Abbreviated Accounts

31 January 2014

SMURTHWAITE AIR LIMITED Registered Number 07128472

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 798 998
798 998
Current assets
Debtors 663 -
Cash at bank and in hand 376 601
1,039 601
Creditors: amounts falling due within one year (1,546) (1,320)
Net current assets (liabilities) (507) (719)
Total assets less current liabilities 291 279
Total net assets (liabilities) 291 279
Capital and reserves
Called up share capital 1 1
Profit and loss account 290 278
Shareholders' funds 291 279
  • For the year ending 31 January 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 27 October 2014

And signed on their behalf by:
K. Smurthwaite, Director

SMURTHWAITE AIR LIMITED Registered Number 07128472

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Turnover policy
Turnover represents net invoiced sales of services excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at annual rates designed to write off each asset over it's estimated useful life as follows: Plant and Machinery - 20% on a reducing balance basis.

2Tangible fixed assets
£
Cost
At 1 February 2013 1,950
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2014 1,950
Depreciation
At 1 February 2013 952
Charge for the year 200
On disposals -
At 31 January 2014 1,152
Net book values
At 31 January 2014 798
At 31 January 2013 998