Registered Number 06794506

ASECONDCHANCE LTD

Abbreviated Accounts

31 March 2014

ASECONDCHANCE LTD Registered Number 06794506

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 3 1,284 1,712
1,284 1,712
Current assets
Cash at bank and in hand 10,185 2,946
10,185 2,946
Creditors: amounts falling due within one year 4 (420) (3,413)
Net current assets (liabilities) 9,765 (467)
Total assets less current liabilities 11,049 1,245
Total net assets (liabilities) 11,049 1,245
Reserves
Revaluation reserve 0 0
Other reserves 0 0
Income and expenditure account 11,049 1,245
Members' funds 11,049 1,245
  • For the year ending 31 March 2014 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 30 August 2014

And signed on their behalf by:
Charles Maloba, Director

ASECONDCHANCE LTD Registered Number 06794506

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Intangible fixed assets
£
Cost
At 1 April 2013 1,712
Additions 0
Disposals 0
Revaluations 0
Transfers -
At 31 March 2014 1,712
Amortisation
At 1 April 2013 0
Charge for the year 428
On disposals 0
At 31 March 2014 428
Net book values
At 31 March 2014 1,284
At 31 March 2013 1,712

No assets were purchased in the year

4Creditors
2014
£		 2013
£
Secured Debts 420 3,413