REGISTERED NUMBER: 04512630 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2014

for

Active-1 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R A Randerson

REGISTERED OFFICE:

Summit House

13 High Street

Wanstead

London

E11 2AA

REGISTERED NUMBER:

04512630 (England and Wales)

ACCOUNTANTS:

Friedmans

Summit House

13 High Street

Wanstead

London

E11 2AA

FIXED ASSETS

Tangible assets

2

1,992

1,803

CURRENT ASSETS

Debtors

556

-

Cash at bank

12,926

8,844

13,482

8,844

CREDITORS

Amounts falling due within one year

14,586

9,082

NET CURRENT LIABILITIES

(1,104

)

(238

)

TOTAL ASSETS LESS CURRENT LIABILITIES

888

1,565

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

886

1,563

SHAREHOLDERS' FUNDS

888

1,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 10 March 2015 and were signed by:

R A Randerson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

10,310

Additions

822

At 31 December 2014

11,132

DEPRECIATION

At 1 January 2014

8,507

Charge for year

633

At 31 December 2014

9,140

NET BOOK VALUE

At 31 December 2014

1,992

At 31 December 2013

1,803

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

1

2

2