Registered Number 07329473

PROTRONICS (CAMBRIDGE) LIMITED

Abbreviated Accounts

30 September 2012

PROTRONICS (CAMBRIDGE) LIMITED Registered Number 07329473

Abbreviated Balance Sheet as at 30 September 2012

Notes 30/09/2012 31/07/2011
£ £
Fixed assets
Intangible assets 2 138,608 147,620
Tangible assets 3 950 2,012
139,558 149,632
Current assets
Debtors 39,990 32,594
Cash at bank and in hand 18,153 41,259
58,143 73,853
Creditors: amounts falling due within one year (53,060) (64,485)
Net current assets (liabilities) 5,083 9,368
Total assets less current liabilities 144,641 159,000
Creditors: amounts falling due after more than one year (85,000) (111,000)
Provisions for liabilities (190) (236)
Total net assets (liabilities) 59,451 47,764
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 59,351 47,664
Shareholders' funds 59,451 47,764
  • For the year ending 30 September 2012 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 26 June 2013

And signed on their behalf by:
Mr S Watts, Director

PROTRONICS (CAMBRIDGE) LIMITED Registered Number 07329473

Notes to the Abbreviated Accounts for the period ended 30 September 2012

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
The turnover shown in the profit and loss account represents work done during the period, exclusive of Value Added Tax. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 33% Straight Line

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5% Straight Line

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not yet reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or receive more, tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Intangible fixed assets
£
Cost
At 1 August 2011 154,058
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2012 154,058
Amortisation
At 1 August 2011 6,438
Charge for the year 9,012
On disposals -
At 30 September 2012 15,450
Net book values
At 30 September 2012 138,608
At 31 July 2011 147,620
3Tangible fixed assets
£
Cost
At 1 August 2011 2,761
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2012 2,761
Depreciation
At 1 August 2011 749
Charge for the year 1,062
On disposals -
At 30 September 2012 1,811
Net book values
At 30 September 2012 950
At 31 July 2011 2,012
4Called Up Share Capital
Allotted, called up and fully paid:
30/09/2012
£
31/07/2011
£
100 Ordinary shares of £1 each 100 100