Abbreviated Company Accounts - AGRITEC ENVIRONMENTAL LIMITED

AGRITEC ENVIRONMENTAL LIMITED - Company Information

Registered Number 02470996

AGRITEC ENVIRONMENTAL LIMITED

Abbreviated Accounts

31 March 2014

AGRITEC ENVIRONMENTAL LIMITED Registered Number 02470996

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,362	4,097
		3,362	4,097
Current assets
Debtors		3,127	3,384
Cash at bank and in hand		641	7,424
		3,768	10,808
Creditors: amounts falling due within one year		(97,182)	(102,174)
Net current assets (liabilities)		(93,414)	(91,366)
Total assets less current liabilities		(90,052)	(87,269)
Total net assets (liabilities)		(90,052)	(87,269)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(90,152)	(87,369)
Shareholders' funds		(90,052)	(87,269)

For the year ending 31 March 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 22 December 2014

And signed on their behalf by:
Mr R Thornhill, Director

AGRITEC ENVIRONMENTAL LIMITED Registered Number 02470996

Notes to the Abbreviated Accounts for the period ended 31 March 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
The turnover shown in the profit and loss account represents amounts earned in the period exclusive of VAT

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant & Machinery 10% reducing balance and Computer Equipment 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	25,866
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	25,866
Depreciation
At 1 April 2013	21,769
Charge for the year	735
On disposals	-
At 31 March 2014	22,504
Net book values
At 31 March 2014	3,362
At 31 March 2013	4,097