Registered Number 03666742

ACADEMIA NACIONAL DEL TANGO (UK) LIMITED

Abbreviated Accounts

5 May 2013

ACADEMIA NACIONAL DEL TANGO (UK) LIMITED Registered Number 03666742

Abbreviated Balance Sheet as at 5 May 2013

Notes 2013 2012
£ £
Current assets
Debtors 203 -
Cash at bank and in hand 100 100
303 100
Creditors: amounts falling due within one year (231,028) (217,207)
Net current assets (liabilities) (230,725) (217,107)
Total assets less current liabilities (230,725) (217,107)
Total net assets (liabilities) (230,725) (217,107)
Capital and reserves
Called up share capital 2 2
Profit and loss account (230,727) (217,109)
Shareholders' funds (230,725) (217,107)
  • For the year ending 5 May 2013 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 20 December 2013

And signed on their behalf by:
A Kalogroulls, Director

ACADEMIA NACIONAL DEL TANGO (UK) LIMITED Registered Number 03666742

Notes to the Abbreviated Accounts for the period ended 5 May 2013

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
Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes except to the extent that the directors consider that a liability to taxation is unlikely to materialise.

2Transactions with directors

Name of director receiving advance or credit: A Kalagroulis
Description of the transaction: Related Party transactions
Balance at 6 May 2012: £ 216,660
Advances or credits made: £ 12,850
Advances or credits repaid: -
Balance at 5 May 2013: £ 229,510

As at the year end the company owed the director A Kalagroulis a balance of £229,510. (2012 - 216,660). During the year the Director introduced 12,850. No interest is charged on the directors loan balance.