Registered Number 07103386

AASTA LTD

Abbreviated Accounts

31 December 2012

AASTA LTD Registered Number 07103386

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 8,200 10,725
8,200 10,725
Current assets
Stocks 39,007 19,470
Debtors 66,536 1,650
Cash at bank and in hand - 15,587
105,543 36,707
Creditors: amounts falling due within one year (102,372) (32,910)
Net current assets (liabilities) 3,171 3,797
Total assets less current liabilities 11,371 14,522
Creditors: amounts falling due after more than one year (4,714) (9,127)
Total net assets (liabilities) 6,657 5,395
Capital and reserves
Called up share capital 1 1
Profit and loss account 6,656 5,394
Shareholders' funds 6,657 5,395
  • For the year ending 31 December 2012 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 September 2013

And signed on their behalf by:
Mr K A Soni, Director

AASTA LTD Registered Number 07103386

Notes to the Abbreviated Accounts for the period ended 31 December 2012

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 January 2012 14,851
Additions 556
Disposals -
Revaluations -
Transfers -
At 31 December 2012 15,407
Depreciation
At 1 January 2012 4,126
Charge for the year 3,081
On disposals -
At 31 December 2012 7,207
Net book values
At 31 December 2012 8,200
At 31 December 2011 10,725

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.