Abbreviated Company Accounts - ACTIVE DRAINAGE SOLUTIONS LIMITED

ACTIVE DRAINAGE SOLUTIONS LIMITED - Company Information

Registered Number 06924025

ACTIVE DRAINAGE SOLUTIONS LIMITED

Abbreviated Accounts

28 February 2014

ACTIVE DRAINAGE SOLUTIONS LIMITED Registered Number 06924025

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	18,827	19,218
		18,827	19,218
Current assets
Debtors		75,637	54,640
Cash at bank and in hand		72,886	69,679
		148,523	124,319
Creditors: amounts falling due within one year		(97,181)	(83,873)
Net current assets (liabilities)		51,342	40,446
Total assets less current liabilities		70,169	59,664
Total net assets (liabilities)		70,169	59,664
Capital and reserves
Called up share capital		100	100
Profit and loss account		70,069	59,564
Shareholders' funds		70,169	59,664

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 Hayward, Director

ACTIVE DRAINAGE SOLUTIONS LIMITED Registered Number 06924025

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect to services provided to customers.

Tangible assets depreciation policy
Depreciation is provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2013	35,416
Additions	4,316
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	39,732
Depreciation
At 1 March 2013	16,198
Charge for the year	4,707
On disposals	-
At 28 February 2014	20,905
Net book values
At 28 February 2014	18,827
At 28 February 2013	19,218