Registered Number 05222932

A K OPTICAL LIMITED

Abbreviated Accounts

31 October 2012

A K OPTICAL LIMITED Registered Number 05222932

Abbreviated Balance Sheet as at 31 October 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 - 105,650
Tangible assets 3 - 22,034
- 127,684
Current assets
Stocks - 39,800
Debtors 26,026 30,977
Cash at bank and in hand 51 13,313
26,077 84,090
Creditors: amounts falling due within one year (246,194) (392,196)
Net current assets (liabilities) (220,117) (308,106)
Total assets less current liabilities (220,117) (180,422)
Total net assets (liabilities) (220,117) (180,422)
Capital and reserves
Called up share capital 100 100
Profit and loss account (220,217) (180,522)
Shareholders' funds (220,117) (180,422)
  • For the year ending 31 October 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 31 October 2013

And signed on their behalf by:
Anupam Chatterjee, Director

A K OPTICAL LIMITED Registered Number 05222932

Notes to the Abbreviated Accounts for the period ended 31 October 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
Turnover represents the total invoice value of the sales made during the year.

Tangible assets depreciation policy
The company ceased trading on 01/03/2012 as a result all the fixed assets have been written off to their realisable values.

Intangible assets amortisation policy
As the company ceased trading on 01/03/2012, any remaining goodwill has been written off to nil.

Other accounting policies
All the stock was sold during the year. The company is subject to HMRC vat assessment which is under dispute and £35000 has been provided for any ultimate liability.

2Intangible fixed assets
£
Cost
At 1 November 2011 265,500
Additions -
Disposals (105,650)
Revaluations -
Transfers -
At 31 October 2012 159,850
Amortisation
At 1 November 2011 159,850
Charge for the year -
On disposals -
At 31 October 2012 159,850
Net book values
At 31 October 2012 0
At 31 October 2011 105,650
3Tangible fixed assets
£
Cost
At 1 November 2011 134,833
Additions -
Disposals (51,271)
Revaluations -
Transfers -
At 31 October 2012 83,562
Depreciation
At 1 November 2011 112,799
Charge for the year -
On disposals (29,237)
At 31 October 2012 83,562
Net book values
At 31 October 2012 0
At 31 October 2011 22,034