Company Registration No. 04914201 (England and Wales)
AEIRTEC LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
AEIRTEC LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
AEIRTEC LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2014
30 September 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
14,989
5,480
Current assets
Stocks
14,726
12,500
Debtors
26,169
11,628
Cash at bank and in hand
44,220
4,451
85,115
28,579
Creditors: amounts falling due within one year
(73,082)
(27,747)
Net current assets
12,033
832
Total assets less current liabilities
27,022
6,312
Provisions for liabilities
(2,845)
(909)
24,177
5,403
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
24,077
5,303
Shareholders' funds
24,177
5,403
For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 12 June 2015
S Kilfeather
Director
Company Registration No. 04914201
AEIRTEC LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
20% straight line
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2013
41,704
Additions
18,737
At 30 September 2014
60,441
Depreciation
At 1 October 2013
36,224
Charge for the year
9,228
At 30 September 2014
45,452
Net book value
At 30 September 2014
14,989
At 30 September 2013
5,480
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100