Registered Number 05525828

BLITZSPIRIT LIMITED

Abbreviated Accounts

31 August 2013

BLITZSPIRIT LIMITED Registered Number 05525828

Abbreviated Balance Sheet as at 31 August 2013

Notes 2013 2012
£ £
Current assets
Cash at bank and in hand 510 510
510 510
Creditors: amounts falling due within one year (51,161) (51,161)
Net current assets (liabilities) (50,651) (50,651)
Total assets less current liabilities (50,651) (50,651)
Total net assets (liabilities) (50,651) (50,651)
Capital and reserves
Called up share capital 1 1
Profit and loss account (50,652) (50,652)
Shareholders' funds (50,651) (50,651)
  • For the year ending 31 August 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 15 May 2014

And signed on their behalf by:
B Barnett, Director

BLITZSPIRIT LIMITED Registered Number 05525828

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Other accounting policies
Going Concern

The company's liabilities exceed its assets by £50,651. The director considers the going concern basis to be appropriate because, in their opinion, the company will continue to obtain sufficient funding to enable it to pay its debts as they fall due. If the company were unable to obtain this funding, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which may arise.

2Transactions with directors

Name of director receiving advance or credit: M Barnett
Description of the transaction: Amount due to the director
Balance at 1 September 2012: £ 50,651
Advances or credits made: -
Advances or credits repaid: -
Balance at 31 August 2013: £ 50,651

The loan is interest free and repayable on demand.