Abbreviated Company Accounts - METIS AVIATION LIMITED

Abbreviated Company Accounts - METIS AVIATION LIMITED

METIS AVIATION LIMITED - Company Information

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Registered Number 07346062

METIS AVIATION LIMITED

Abbreviated Accounts

31 March 2014

METIS AVIATION LIMITED Registered Number 07346062

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 15,352 150
15,352 150
Current assets
Stocks 8,201 -
Debtors 360 149
Cash at bank and in hand 109,371 38,840
117,932 38,989
Creditors: amounts falling due within one year (132,597) (24,747)
Net current assets (liabilities) (14,665) 14,242
Total assets less current liabilities 687 14,392
Total net assets (liabilities) 687 14,392
Capital and reserves
Called up share capital 200 100
Profit and loss account 487 14,292
Shareholders' funds 687 14,392
  • 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 18 December 2014

And signed on their behalf by:
P Butler, Director

METIS AVIATION LIMITED Registered Number 07346062

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.

2Tangible fixed assets
£
Cost
At 1 April 2013 2,496
Additions 19,784
Disposals -
Revaluations -
Transfers -
At 31 March 2014 22,280
Depreciation
At 1 April 2013 2,346
Charge for the year 4,582
On disposals -
At 31 March 2014 6,928
Net book values
At 31 March 2014 15,352
At 31 March 2013 150