Abbreviated Company Accounts - ADWAYS DESIGN LIMITED

Abbreviated Company Accounts - ADWAYS DESIGN LIMITED

ADWAYS DESIGN LIMITED - Company Information

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Registered Number 02996174

ADWAYS DESIGN LIMITED

Abbreviated Accounts

31 March 2014

ADWAYS DESIGN LIMITED Registered Number 02996174

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,914 3,361
2,914 3,361
Current assets
Debtors 5,193 10,028
Cash at bank and in hand 3,578 9,562
8,771 19,590
Creditors: amounts falling due within one year (7,564) (12,866)
Net current assets (liabilities) 1,207 6,724
Total assets less current liabilities 4,121 10,085
Total net assets (liabilities) 4,121 10,085
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,021 9,985
Shareholders' funds 4,121 10,085
  • 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 25 September 2014

And signed on their behalf by:
Mr W J Adderley, Director

ADWAYS DESIGN LIMITED Registered Number 02996174

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
Turnover represents the invoiced value of goods and services supplied by the company

Tangible assets depreciation policy
Depreciation is provided on plant and machinery at the rate of 25% on a reducing balance in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 April 2013 19,104
Additions 609
Disposals -
Revaluations -
Transfers -
At 31 March 2014 19,713
Depreciation
At 1 April 2013 15,743
Charge for the year 1,056
On disposals -
At 31 March 2014 16,799
Net book values
At 31 March 2014 2,914
At 31 March 2013 3,361