ABBOTSPEN LTD

Company Registration Number:
04474670 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2015

End date: 31 July 2016

ABBOTSPEN LTD

Abbreviated Balance sheet

As at 31 July 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 550 750
Total fixed assets: 550 750
Current assets
Stocks: 1,506 2,484
Debtors: 2,583 2,593
Cash at bank and in hand: 700
Total current assets: 4,089 5,777
Creditors: amounts falling due within one year: ( 7,400 ) ( 11,186 )
Net current assets (liabilities): ( 3,311 ) ( 5,409 )
Total assets less current liabilities: ( 2,761 ) ( 4,659 )
Creditors: amounts falling due after more than one year: ( 34,003 ) ( 32,619 )
Total net assets (liabilities): ( 36,764 ) ( 37,278 )

The notes form part of these financial statements

ABBOTSPEN LTD

Balance sheet continued

As at 31 July 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 2 2
Profit and loss account: ( 36,766 ) ( 37,280 )
Shareholders funds: ( 36,764 ) ( 37,278 )

For the year ending 31 July 2016 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.

The financial statements were approved by the Board of Directors on 30 March 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Thomas John Elsworth
Status: Director

The notes form part of these financial statements

ABBOTSPEN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These accounts have been prepared, using the historical cost convention, on a going concern basis

    Turnover policy

    Turnover represents sales made during the year

    Tangible fixed assets depreciation policy

    Fixed Assets are being depreciated, using the reducing balance basis, at a rate which it is intended will ensure that at the end of their useful life the book value is in line with the net realizable value

ABBOTSPEN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 2. Tangible assets

    Total
    Cost £
    01 August 2015: 5,742
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2016: 5,742
    Depreciation
    01 August 2015: 4,992
    Charge for year: 200
    On disposals: 0
    Other adjustments: 0
    31 July 2016: 5,192
    Net book value
    31 July 2016: 550
    31 July 2015: 750

ABBOTSPEN LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2