Registered Number 04108592
ABSYNTH PHOTOGRAPHIC LIMITED
Abbreviated Accounts
30 September 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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( |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Tangible assets depreciation policy
Plant & Machinery - 25% reducing balance
Fixtures & Fittings - 25% reducing balance
Computer equipment - 25% reducing balance
No depreciation is provided in respect of Freehold land and buildings as the Directors consider that the lives of these assets and their residual values are such that depreciation is insignificant.
Other accounting policies
Foreign Currency - Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date, All exchange differences are included in the profit and loss account.
£ | |
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Cost | |
At 1 October 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2015 |
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Depreciation | |
At 1 October 2014 |
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Charge for the year |
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On disposals |
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At 30 September 2015 |
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Net book values | |
At 30 September 2015 | 257,141 |
At 30 September 2014 | 247,860 |