Abbreviated Company Accounts - AK FUEL LIMITED

05841178 AK FUEL LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 05841178 2013-07-01 2014-06-30 05841178 2014-06-30 05841178 2013-06-30 05841178 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 05841178 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 05841178

AK FUEL LIMITED

Abbreviated Accounts

30 June 2014

AK FUEL LIMITED Registered Number 05841178

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	25,000	25,000
Tangible assets	3	27,404	29,486
Investments		-	-
		52,404	54,486
Current assets
Stocks		123,400	85,800
Debtors		-	-
Investments		-	-
Cash at bank and in hand		40,344	10,368
		163,744	96,168
Prepayments and accrued income		38,000	-
Creditors: amounts falling due within one year		(197,457)	(143,491)
Net current assets (liabilities)		4,287	(47,323)
Total assets less current liabilities		56,691	7,163
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		56,691	7,163
Capital and reserves
Called up share capital	4	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		56,591	7,063
Shareholders' funds		56,691	7,163

For the year ending 30 June 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 2 December 2014

And signed on their behalf by:
A Dar, Director

AK FUEL LIMITED Registered Number 05841178

Notes to the Abbreviated Accounts for the period ended 30 June 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 goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefulm life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

2Intangible fixed assets

	£
Cost
At 1 July 2013	25,000
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2014	25,000
Amortisation
At 1 July 2013	0
Charge for the year	0
On disposals	0
At 30 June 2014	0
Net book values
At 30 June 2014	25,000
At 30 June 2013	25,000

3Tangible fixed assets

	£
Cost
At 1 July 2013	62,374
Additions	7,053
Disposals	0
Revaluations	0
Transfers	0
At 30 June 2014	69,427
Depreciation
At 1 July 2013	32,888
Charge for the year	9,135
On disposals	0
At 30 June 2014	42,023
Net book values
At 30 June 2014	27,404
At 30 June 2013	29,486

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100