Registered Number 05397772

ACTIVE AVIATION LIMITED

Abbreviated Accounts

31 March 2016

ACTIVE AVIATION LIMITED Registered Number 05397772

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 75,099 82,103
75,099 82,103
Current assets
Debtors 6,299 3,431
Cash at bank and in hand 36,627 61,552
42,926 64,983
Creditors: amounts falling due within one year (37,100) (25,920)
Net current assets (liabilities) 5,826 39,063
Total assets less current liabilities 80,925 121,166
Provisions for liabilities (6,000) (12,049)
Total net assets (liabilities) 74,925 109,117
Capital and reserves
Called up share capital 1,100 1,100
Profit and loss account 73,825 108,017
Shareholders' funds 74,925 109,117
  • For the year ending 31 March 2016 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 15 December 2016

And signed on their behalf by:
D Hadlow, Director

ACTIVE AVIATION LIMITED Registered Number 05397772

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Plant and machinery 6% reducing balance. Fixtures, fittings and equipment - 20% reducing balance.

2Tangible fixed assets
£
Cost
At 1 April 2015 148,321
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 148,321
Depreciation
At 1 April 2015 66,218
Charge for the year 7,004
On disposals -
At 31 March 2016 73,222
Net book values
At 31 March 2016 75,099
At 31 March 2015 82,103