| Ice Warrior Expeditions Ltd |
| Registered number: |
06177730 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
8,634 |
|
|
10,278 |
| Tangible assets |
3 |
|
|
1,258 |
|
|
1,744 |
|
|
|
|
9,892 |
|
|
12,022 |
|
| Current assets |
| Stocks |
|
|
8,000 |
|
|
15,667 |
| Debtors |
|
|
10,424 |
|
|
12,951 |
| Cash at bank and in hand |
|
|
2,203 |
|
|
1,168 |
|
|
|
20,627 |
|
|
29,786 |
|
| Creditors: amounts falling due within one year |
|
|
(45,839) |
|
|
(32,117) |
|
| Net current liabilities |
|
|
|
(25,212) |
|
|
(2,331) |
|
| Net (liabilities)/assets |
|
|
|
(15,320) |
|
|
9,691 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
5 |
|
|
5 |
| Share premium |
|
|
|
9,999 |
|
|
9,999 |
| Profit and loss account |
|
|
|
(25,324) |
|
|
(313) |
|
| Shareholders' funds |
|
|
|
(15,320) |
|
|
9,691 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J E McNeill |
| Director |
| Approved by the board on 31 December 2014 |
|
| Ice Warrior Expeditions Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line |
|
Motor vehicles |
25% straight line |
|
Fixtures, fittings & equipment |
33% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
16,444 |
|
At 31 March 2014 |
16,444 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2013 |
6,166 |
|
Provided during the year |
1,644 |
|
At 31 March 2014 |
7,810 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
8,634 |
|
At 31 March 2013 |
10,278 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
23,907 |
|
Additions |
1,887 |
|
Disposals |
(23,907) |
|
At 31 March 2014 |
1,887 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
22,163 |
|
Charge for the year |
2,373 |
|
On disposals |
(23,907) |
|
At 31 March 2014 |
629 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
1,258 |
|
At 31 March 2013 |
1,744 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
5 |
|
5 |
|
|
|
|
|
|
|
|
|