ASEC Aerospace LimitedLiquidated

Dinkelstraße 6, 86845 Großaitingen, DEU

Master Data

Registry
Register court Augsburg HRB 22073
Registered
9/7/2006
Industry
Renting and leasing of air transport equipmentAgents involved in the sale of ships and aircraftActivities of agents involved in the wholesale of motor vehicles
Purpose
Handel mit Luftfahrzeugen und Ersatzteilen sowie Vermietung von Luft- und Fahrzeugen aller Art.

History

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Management

NameRole
Reinhard Janek
since 9/7/2006
Managing Director

Financial Report

ASEC Aerospace Limited

Großaitingen

Jahresabschluss zum Geschäftsjahr vom 01.01.2012 bis zum 31.12.2012

AEROSPACE LIMITED, BIRMIGHAM

ABBREVIATED ACOUNTS FOR THE YEAR ENDED 12/31/2012

Note As at 31.12.2012
As at 31.12.2011
Called up share capital not paid 0,00
Fixed Assets
Intangible Assets 892,00 2.046,00
Tangible fixed Assets 24.323,00 36.185,00
Investments 0,00 0,00
25.215,00 38.231,00 38.231,00
Current Assets
Stocks 43.000,00 44.800,00
Debtors & other items of property: amount falling due within one year 285.550,31 283.510,69
Investments 0,00 0,00
Cash at bank and in hand 7.135,79 6.661,19
335.686,10 335.686,10 334.971,88 334.971,88
Payments and accrued income 0,00 676,39
Creditors: amounts falling due within one year 0,00 0,00
Net Currrent Assets (liabilities) 0,00 335.686,10 335.648,27 335.648,27
Total Assets Less Current Liabilities Debtors & Other items of property: 360.901,10 375.320,69
amounts falling due after more than one year 0,00 0,00
Creditors: ammounts falling due after more than one year 144.241,05 146.129,67
Provisions for liabilities and charges 68.321,31 102.192,04
Accruals and deferred income 34.493,45 35.426,14
Untaxed reserves 0,00 0,00
113.845,29 91.572,84
Financed by:
Capital and Reserves (Government Funds)
Called up share capital 0,00 1.441,42
Share premium account 0,00 0,00
Other reserves 0,00 0,00
Retained earnings / Accumulated losses brougt forward 87.025,70 103.500,01
Profit and loss account 26.819,59 113.845,29 - 13.368,59 91.572,84
Shareholder`s Fund 113.845,29 91.572,84

NOTES TO THE ABBREVIATED ACCOUNTS

For the year ended 31.12.2012

1. ACCOUNTING POLICIES

1.1. Basis of preparation of financial statement

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convetion and in accordance with the GERMAN tax law.

1.2. Cash flow

The financial statemnets do not included a cash flow statment because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).

1.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

1.4. Foreign Currencies

All figures are reported in Euro

1.5. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives in the following bases:

Plant and machiniery 0 %
Motor vehicles 80 %
Furniture, fittings and equipment 75 %

2. TANGIBLE FIXED ASSETS

2012
Cost or Revaluation 38.231,00
Additions 904,96
Disposals 0,00
As at 31.12.2012 39.135,96
Depreciation
Charge for the year 13.920,96
On disposals 0,00
As at 31.12.2012 13.920,96
Net book value 25.215,00
As at 31.12.2012

3. SHARE CAPITAL

Authorised
1,00 Ordinary shares of € 1 each 1.441,42
Alloted, called up and fully paid
0 Ordinary shares of € 1 each 0,00

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