Aeona Limited - Period Ending 2015-11-30

Aeona Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2015

James Fraser & Co
Chartered Accountants
3 Coates Place
Edinburgh
EH3 7AA

Aeona Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Aeona Limited
(Registration number: SC275410)
Abbreviated Balance Sheet at 30 November 2015

	Note	2015 £	2014 £
Fixed assets
Tangible fixed assets		205	505
Current assets
Debtors		1,276	1,355
Cash at bank and in hand		2,306	3,418
		3,582	4,773
Creditors: Amounts falling due within one year		(10,136)	(7,263)
Net current liabilities		(6,554)	(2,490)
Net liabilities		(6,349)	(1,985)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(6,449)	(2,085)
Shareholders' deficit		(6,349)	(1,985)

For the year ending 30 November 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 director acknowledges her 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 director on 17 August 2016

.........................................
Dr S Mitchell
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Aeona Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The director considers that, notwithstanding the company's negative net assets position, it is appropriate to
prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due and there are no material uncertainties or conditions that may cast significant doubt about the
ability of the company to continue as a going concern.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33% straight line

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 December 2014	3,631	3,631
At 30 November 2015	3,631	3,631
Depreciation
At 1 December 2014	3,126	3,126
Charge for the year	300	300
At 30 November 2015	3,426	3,426
Net book value
At 30 November 2015	205	205
At 30 November 2014	505	505

Page 2

Aeona Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015			2014
		No.	£		No.	£
Ordinary shares of £1 each		100	100		100	100

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