Registered Number SC345011

AGRIPA SOLUTIONS LIMITED

Abbreviated Accounts

28 February 2015

AGRIPA SOLUTIONS LIMITED Registered Number SC345011

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 62,538 69,087
Tangible assets 3 111,260 112,329
173,798 181,416
Current assets
Stocks 142,947 91,189
Debtors 1,330,679 692,220
Cash at bank and in hand 496 55,651
1,474,122 839,060
Creditors: amounts falling due within one year (1,553,586) (933,095)
Net current assets (liabilities) (79,464) (94,035)
Total assets less current liabilities 94,334 87,381
Creditors: amounts falling due after more than one year (14,397) (50,853)
Total net assets (liabilities) 79,937 36,528
Capital and reserves
Called up share capital 500 500
Profit and loss account 79,437 36,028
Shareholders' funds 79,937 36,528
  • For the year ending 28 February 2015 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 29 November 2015

And signed on their behalf by:
Mr J D Pitt, Director

AGRIPA SOLUTIONS LIMITED Registered Number SC345011

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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 amounts invoiced during the year, exclusive of Value Added Tax.

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

Leasehold Property Improvements - Over 10 Years
Plant & Machinery - Over 5 Years
Fixtures & Fittings - Over 2 Years
Motor Vehicles - Over 2 Years
Equipment - Over 2 Years

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 - over 15 years

2Intangible fixed assets
£
Cost
At 1 March 2014 98,259
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 98,259
Amortisation
At 1 March 2014 29,172
Charge for the year 6,549
On disposals -
At 28 February 2015 35,721
Net book values
At 28 February 2015 62,538
At 28 February 2014 69,087
3Tangible fixed assets
£
Cost
At 1 March 2014 354,803
Additions 71,883
Disposals -
Revaluations -
Transfers -
At 28 February 2015 426,686
Depreciation
At 1 March 2014 242,474
Charge for the year 72,952
On disposals -
At 28 February 2015 315,426
Net book values
At 28 February 2015 111,260
At 28 February 2014 112,329