Registered Number 05712911
ACADEMYENG LIMITED
Abbreviated Accounts
30 April 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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|
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
|
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Tangible assets depreciation policy
Plant and machinery - 25% reducing balance
FF & Equipment - 25% straight line
Motor Vehicles - 25% reducing balance
Intangible assets amortisation policy
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
Going concern
At the balance sheet date the company showed a deficiency of assets . The directors confirm they will continue to support the company to meet its liabilities as they fall due.
£ | |
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Cost | |
At 1 May 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 April 2013 |
|
Amortisation | |
At 1 May 2012 |
|
Charge for the year |
|
On disposals |
|
At 30 April 2013 |
|
Net book values | |
At 30 April 2013 | 0 |
At 30 April 2012 | 0 |
£ | |
---|---|
Cost | |
At 1 May 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 April 2013 |
|
Depreciation | |
At 1 May 2012 |
|
Charge for the year |
|
On disposals |
|
At 30 April 2013 |
|
Net book values | |
At 30 April 2013 | 18,209 |
At 30 April 2012 | 24,638 |
4Transactions with directors
Name of director receiving advance or credit: | ||
---|---|---|
Description of the transaction: | ||
Balance at 1 May 2012: | £ |
|
Advances or credits made: | £ |
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Advances or credits repaid: | ||
Balance at 30 April 2013: | £ |