Abbreviated Company Accounts - ASPI LIMITED

Registered Number 01401605

ASPI LIMITED

Abbreviated Accounts

28 February 2014

ASPI LIMITED Registered Number 01401605

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,089	1,260
		1,089	1,260
Current assets
Stocks		20,848	36,636
Debtors		15,985	21,360
Cash at bank and in hand		2,239	4,954
		39,072	62,950
Creditors: amounts falling due within one year		(111,117)	(123,650)
Net current assets (liabilities)		(72,045)	(60,700)
Total assets less current liabilities		(70,956)	(59,440)
Provisions for liabilities		(330)	(330)
Total net assets (liabilities)		(71,286)	(59,770)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(71,386)	(59,870)
Shareholders' funds		(71,286)	(59,770)

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:
M Jones, Director

ASPI LIMITED Registered Number 01401605

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of accounting - the financial statements have been prepared in accordance
with the historical cost convention and are in accordance with Statements of Standard
Accounting Practise.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax

Tangible assets depreciation policy
15%reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2013	2,311
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	2,311
Depreciation
At 1 March 2013	1,051
Charge for the year	171
On disposals	-
At 28 February 2014	1,222
Net book values
At 28 February 2014	1,089
At 28 February 2013	1,260