Company Registration No. 08619772 (England and Wales)
AMBER FINANCE (BAINS) LTD
Abbreviated unaudited accounts
for the year ended 31 July 2016
AMBER FINANCE (BAINS) LTD
Abbreviated Balance Sheet
as at
31 July 2016
Intangible assets
3,198
4,797
Cash at bank and in hand
16,913
2,854
Creditors: amounts falling due within one year
(19,636)
(10,797)
Net current liabilities
(2,723)
(7,943)
Net assets/(liabilities)
512
(3,074)
Called up share capital
100
100
Profit and loss account
412
(3,174)
Total shareholders' funds
512
(3,074)
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 10 February 2017
B Bains
Director
Company Registration No. 08619772
AMBER FINANCE (BAINS) LTD
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Charge for the year
1,599
AMBER FINANCE (BAINS) LTD
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
4
Share capital
2016
2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100