Abbreviated Company Accounts - AQUASPHERE LIMITED

Abbreviated Company Accounts - AQUASPHERE LIMITED

AQUASPHERE LIMITED - Company Information

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Registered Number 04376474

AQUASPHERE LIMITED

Abbreviated Accounts

28 February 2014

AQUASPHERE LIMITED Registered Number 04376474

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 3,052 3,814
3,052 3,814
Current assets
Stocks 3,000 3,000
Debtors 11,324 4,101
14,324 7,101
Creditors: amounts falling due within one year (39,469) (31,475)
Net current assets (liabilities) (25,145) (24,374)
Total assets less current liabilities (22,093) (20,560)
Total net assets (liabilities) (22,093) (20,560)
Capital and reserves
Called up share capital 2 2
Profit and loss account (22,095) (20,562)
Shareholders' funds (22,093) (20,560)
  • For the year ending 28 February 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 28 November 2014

And signed on their behalf by:
Ian Rigden, Director

AQUASPHERE LIMITED Registered Number 04376474

Notes to the Abbreviated Accounts for the period ended 28 February 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 arises from completed work done for which an invoice has been raised exclduing Value Added Tax.

Tangible assets depreciation policy
Fixed assets are written off over their estimated useful lives less residual value using the reducing balance method at 25% per annum.

2Tangible fixed assets
£
Cost
At 1 March 2013 30,176
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 30,176
Depreciation
At 1 March 2013 26,362
Charge for the year 762
On disposals -
At 28 February 2014 27,124
Net book values
At 28 February 2014 3,052
At 28 February 2013 3,814