AARDVARC LIMITED

Company Registration Number:
07225280 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

AARDVARC LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 3,297 4,760
Total fixed assets: 3,297 4,760
Current assets
Stocks: 0 0
Debtors: 14,406 16,038
Cash at bank and in hand: 9,663 1,535
Total current assets: 24,069 17,573
Creditors: amounts falling due within one year: ( 16,289 ) ( 6,706 )
Net current assets (liabilities): 7,780 10,867
Total assets less current liabilities: 11,077 15,627
Creditors: amounts falling due after more than one year: 0 ( 2,745 )
Provision for liabilities: 0 ( 750 )
Total net assets (liabilities): 11,077 12,132

The notes form part of these financial statements

AARDVARC LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 10 10
Revaluation reserve: 0 0
Profit and loss account: 11,067 12,122
Shareholders funds: 11,077 12,132

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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 29 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Charles Morelli
Status: Director

The notes form part of these financial statements

AARDVARC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime - annual deprecation of equipment is 33% of value at the start of the year.

    Intangible fixed assets amortisation policy

    Amortisation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime – annual amortisation of goodwill is 25%.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads.

    Other accounting policies

    None.

AARDVARC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 4,760
    Additions: 124
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 4,884
    Depreciation
    01 April 2015: 0
    Charge for year: 1,587
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 1,587
    Net book value
    31 March 2016: 3,297
    31 March 2015: 4,760

AARDVARC LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0 0
    Total share capital (£): 10
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0 0
    Total share capital (£): 10