Registered Number 01456710

AIT RECORDERS LIMITED

Abbreviated Accounts

30 September 2012

AIT RECORDERS LIMITED Registered Number 01456710

Abbreviated Balance Sheet as at 30 September 2012

Notes 2012 2011
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 13,711 15,270
Investments - -
13,711 15,270
Current assets
Stocks 225,056 237,520
Debtors - -
Investments - -
Cash at bank and in hand - -
225,056 237,520
Prepayments and accrued income - -
Creditors: amounts falling due within one year 3 (60,775) (66,320)
Net current assets (liabilities) 164,281 171,200
Total assets less current liabilities 177,992 186,470
Creditors: amounts falling due after more than one year 3 (17,773) (27,373)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 160,219 159,097
Capital and reserves
Called up share capital 32,002 32,002
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 128,217 127,095
Shareholders' funds 160,219 159,097
  • For the year ending 30 September 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 15 April 2013

And signed on their behalf by:
Michael King, Director

AIT RECORDERS LIMITED Registered Number 01456710

Notes to the Abbreviated Accounts for the period ended 30 September 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.

2Tangible fixed assets
£
Cost
At 1 October 2011 322,389
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2012 322,389
Depreciation
At 1 October 2011 307,119
Charge for the year 1,559
On disposals 0
At 30 September 2012 308,678
Net book values
At 30 September 2012 13,711
At 30 September 2011 15,270

Fixed Assets Comprising of Furniture,Fixtures & Electronic Equipment, Depreciation has been provided at 20% straight line & applied over the assets estimated useful lives.

3Creditors
2012
£		 2011
£
Secured Debts 40,137 45,532