Company Registration No. 08731781 (England and Wales)
ADVANCED GAS YORKSHIRE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2015
ADVANCED GAS YORKSHIRE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ADVANCED GAS YORKSHIRE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2015
31 October 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
14,849
19,799
Current assets
Debtors
3,626
3,878
Cash at bank and in hand
2,459
1,098
6,085
4,976
Creditors: amounts falling due within one year
(14,851)
(10,762)
Net current liabilities
(8,766)
(5,786)
Total assets less current liabilities
6,083
14,013
Creditors: amounts falling due after more than one year
(9,749)
(19,498)
Provisions for liabilities
-
(3,960)
(3,666)
(9,445)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(3,667)
(9,446)
Shareholders' funds
(3,666)
(9,445)
For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have 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 22 July 2016
Mr A D Hindle
Director
Company Registration No. 08731781
ADVANCED GAS YORKSHIRE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
- 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
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2014 & at 31 October 2015
20,220
Depreciation
At 1 November 2014
-
Charge for the year
5,371
At 31 October 2015
5,371
Net book value
At 31 October 2015
14,849
At 31 October 2014
19,799
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary Shares of £1 each
1
1