Abbreviated Company Accounts - ELUMIN8 LIMITED

Abbreviated Company Accounts - ELUMIN8 LIMITED


Registered Number 07089997

ELUMIN8 LIMITED

Abbreviated Accounts

28 February 2014

ELUMIN8 LIMITED Registered Number 07089997

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 417 492
417 492
Current assets
Debtors 92,177 7,566
Cash at bank and in hand 42,890 95,389
135,067 102,955
Creditors: amounts falling due within one year (57,841) (60,739)
Net current assets (liabilities) 77,226 42,216
Total assets less current liabilities 77,643 42,708
Total net assets (liabilities) 77,643 42,708
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 77,543 42,608
Shareholders' funds 77,643 42,708
  • 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:
S P Parkes, Director

ELUMIN8 LIMITED Registered Number 07089997

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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over it's expected useful life, as follows;

Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

Deferred tax is measures on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date,

2Tangible fixed assets
£
Cost
At 1 March 2013 807
Additions 266
Disposals (399)
Revaluations -
Transfers -
At 28 February 2014 674
Depreciation
At 1 March 2013 315
Charge for the year 267
On disposals (325)
At 28 February 2014 257
Net book values
At 28 February 2014 417
At 28 February 2013 492
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100