Registered Number 07251219
ATOMIC 56 LIMITED
Abbreviated Accounts
31 May 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Prepayments and accrued income |
|
|
|
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
|
|
|
Provisions for liabilities |
( |
( |
|
Accruals and deferred income |
( |
( |
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
Intangible assets amortisation policy
Other accounting policies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
|
Amortisation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 5,120 |
At 31 May 2015 | 6,140 |
£ | |
---|---|
Cost | |
At 1 June 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2016 |
|
Depreciation | |
At 1 June 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 May 2016 |
|
Net book values | |
At 31 May 2016 | 21,392 |
At 31 May 2015 | 26,033 |