Ice Warrior Expeditions Ltd ABBREVIATED ACCOUNTS COVER |
Company No. 06177730 | ||||||||
Ice Warrior Expeditions Ltd ABBREVIATED BALANCE SHEET |
at | |||||||
Company No. | Notes | 2015 | 2014 | ||||
£ | £ | ||||||
Fixed assets | |||||||
Intangible assets | 2 | ||||||
Tangible assets | 2 | ||||||
Current assets | |||||||
Stocks | |||||||
Debtors | |||||||
Cash at bank and in hand | |||||||
Creditors: Amounts falling due within one year | ( | ( | |||||
Net current liabilities | ( | ( | |||||
Total assets less current liabilities | ( | ( | |||||
Net liabilities | ( | ( | |||||
Capital and reserves | |||||||
Called up share capital | 3 | ||||||
Share premium account | |||||||
Profit and loss account | ( | ( | |||||
Shareholder's funds | ( | ( | |||||
Approved by the board on 01 November 2015 | |||||||
And signed on its behalf by: | |||||||
J.E. McNeill | |||||||
Director | |||||||
01 November 2015 |
Ice Warrior Expeditions Ltd NOTES TO THE ABBREVIATED ACCOUNTS |
for the year ended 31 March 2015 | ||||
1 | Accounting policies | |||
Basis of preparation | ||||||||||||
Turnover | ||||||||||||
Tangible fixed assets and depreciation | ||||||||||||
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: | ||||||||||||
Plant and machinery | ||||||||||||
Motor vehicles | ||||||||||||
Furniture, fittings and equipment | ||||||||||||
Intangible fixed assets and amortisation | ||||||||||||
Stocks | ||||||||||||
Deferred taxation | ||||||||||||
Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted. | ||||||||||||
Foreign currencies | ||||||||||||
Transactions in foreign currencies are recorded in sterling using the exchange rate ruling at the date of the transaction. Exchange differences are are taken into account in arriving at the operating profit. | ||||||||||||
Leased assets | ||||||||||||
2 | Fixed assets | |||||||||||
Intangible fixed assets | Tangible fixed assets | Total | ||||||||||
£ | £ | £ | ||||||||||
Cost or revaluation | ||||||||||||
At 1 April 2014 | 18,331 | |||||||||||
Additions | - | 4,385 | ||||||||||
At 31 March 2015 | 22,716 | |||||||||||
Amortisation | ||||||||||||
At 1 April 2014 | 8,439 | |||||||||||
Charge for the year | 3,946 | |||||||||||
At 31 March 2015 | 12,385 | |||||||||||
Net book values | ||||||||||||
At 31 March 2015 | 10,331 | |||||||||||
At 31 March 2014 | 9,892 | |||||||||||
3 | Share Capital | |||||||||||
Nominal value | 2015 | 2015 | 2014 | |||||||||
£ | Number | £ | £ | |||||||||
Allotted, called up and fully paid: | ||||||||||||
5 | 5 | |||||||||||