Registered Number SC067980

ABATRON LIMITED

Abbreviated Accounts

31 July 2014

ABATRON LIMITED Registered Number SC067980

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 - -
Tangible assets 3 7,080 7,878
7,080 7,878
Current assets
Stocks 28,201 30,302
Debtors 48,370 51,871
Cash at bank and in hand 42,460 53,194
119,031 135,367
Creditors: amounts falling due within one year (21,524) (33,438)
Net current assets (liabilities) 97,507 101,929
Total assets less current liabilities 104,587 109,807
Total net assets (liabilities) 104,587 109,807
Capital and reserves
Called up share capital 4 101 101
Profit and loss account 104,486 109,706
Shareholders' funds 104,587 109,807
  • For the year ending 31 July 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 28 April 2015

And signed on their behalf by:
J G Goldsworth, Director
R J McMorran, Director

ABATRON LIMITED Registered Number SC067980

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

1Accounting 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 effective April 2008.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

ULTIMATE CONTROL
The company is ultimately controlled by the estate of Mr J B EVANS.

COMPANY INFORMATION

DIRECTORS:
J G Goldsworth
R J McMorran

SECRETARY:
J G Goldsworth

REGISTERED OFFICE:
4th Floor
115 George Street
Edinburgh
Scotland
EH2 4JN

REGISTERED NUMBER:
SC067980 (Scotland)

ACCOUNTANTS:
McMorran Accountancy (R J McMorran Ltd)
The Old Bakery
49 Post Street
Godmanchester
Cambridgeshire
PE29 2AQ

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

2Intangible fixed assets
£
Cost
At 1 August 2013 56,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 56,000
Amortisation
At 1 August 2013 56,000
Charge for the year -
On disposals -
At 31 July 2014 56,000
Net book values
At 31 July 2014 0
At 31 July 2013 0
3Tangible fixed assets
£
Cost
At 1 August 2013 32,599
Additions 1,112
Disposals -
Revaluations -
Transfers -
At 31 July 2014 33,711
Depreciation
At 1 August 2013 24,721
Charge for the year 1,910
On disposals -
At 31 July 2014 26,631
Net book values
At 31 July 2014 7,080
At 31 July 2013 7,878

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

Fixtures and Fittings at 15 percent on reducing balance
Website at 20 percent on cost

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£		 2013
£
101 Ordinary shares of £1 each 101 101