Registered Number 05460084

ACOUSTI-ECO - SOLVE LTD

Abbreviated Accounts

30 April 2014

ACOUSTI-ECO - SOLVE LTD Registered Number 05460084

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 43,444 39,496
Investments 3 2 2
43,446 39,498
Current assets
Stocks 25,000 15,249
Debtors 66,241 75,398
Cash at bank and in hand 107,041 71,213
198,282 161,860
Creditors: amounts falling due within one year (84,407) (84,961)
Net current assets (liabilities) 113,875 76,899
Total assets less current liabilities 157,321 116,397
Provisions for liabilities (8,551) (7,731)
Total net assets (liabilities) 148,770 108,666
Capital and reserves
Called up share capital 2 2
Profit and loss account 148,768 108,664
Shareholders' funds 148,770 108,666
  • For the year ending 30 April 2014 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 30 January 2015

And signed on their behalf by:
Mr G Lang, Director

ACOUSTI-ECO - SOLVE LTD Registered Number 05460084

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and Machinery – 20% straight line
Fixtures, fittings and equipment – 25% straight line
Motor Vehicles – 20% straight line

Other accounting policies
Controlling Interest

The directors, by virtue of their shareholding, control the company.

2Tangible fixed assets
£
Cost
At 1 May 2013 47,463
Additions 14,176
Disposals -
Revaluations -
Transfers -
At 30 April 2014 61,639
Depreciation
At 1 May 2013 7,967
Charge for the year 10,228
On disposals -
At 30 April 2014 18,195
Net book values
At 30 April 2014 43,444
At 30 April 2013 39,496

3Fixed assets Investments
Subsidiary Undertaking £2