Registered Number 04163896

ALGON LTD

Abbreviated Accounts

31 May 2013

ALGON LTD Registered Number 04163896

Abbreviated Balance Sheet as at 31 May 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 22,371 23,374
22,371 23,374
Current assets
Stocks 36,105 41,342
Debtors 83,759 78,921
Cash at bank and in hand 18,555 22,258
138,419 142,521
Creditors: amounts falling due within one year (138,068) (143,040)
Net current assets (liabilities) 351 (519)
Total assets less current liabilities 22,722 22,855
Total net assets (liabilities) 22,722 22,855
Capital and reserves
Called up share capital 100 100
Profit and loss account 22,622 22,755
Shareholders' funds 22,722 22,855
  • For the year ending 31 May 2013 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 18 June 2013

And signed on their behalf by:
MR M T CATTERALL, Director
MRS T C CATTERALL, Director

ALGON LTD Registered Number 04163896

Notes to the Abbreviated Accounts for the period ended 31 May 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Plant and machinery etc - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2012 70,204
Additions 5,060
Disposals -
Revaluations -
Transfers -
At 31 May 2013 75,264
Depreciation
At 1 June 2012 46,830
Charge for the year 6,063
On disposals -
At 31 May 2013 52,893
Net book values
At 31 May 2013 22,371
At 31 May 2012 23,374