REGISTERED NUMBER: 06936003 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

AB FISH LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

AW Bullen

REGISTERED OFFICE:

115c Milton Road

Cambridge

CB4 1XE

REGISTERED NUMBER:

06936003 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

2

2,746

4,537

CURRENT ASSETS

Stocks

146,890

73,919

Debtors

4,327

5,699

Cash in hand

250

-

151,467

79,618

CREDITORS

Amounts falling due within one year

526,404

384,198

NET CURRENT LIABILITIES

(374,937

)

(304,580

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(372,191

)

(300,043

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(372,291

)

(300,143

)

SHAREHOLDERS' FUNDS

(372,191

)

(300,043

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 December 2014 and were signed by:

AW Bullen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements were prepared under the historical cost convention and include the results of the

company's operations, which are described in the Directors Report and all of which are continuing. The financial

statements have been prepared on a going concern basis. This may not be appropriate because at 31st December

2013 the company's current liabilities exceeded its current assets by £374,937 and total liabilities of the company

were £526,404. The company is reliant upon the continued support of its director, bank and creditors, but there is

no evidence to suggest that further funds will not be provided as necessary, to enable the company to continue as

a going concern.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

11,578

DEPRECIATION

At 1 January 2013

7,041

Charge for year

1,791

At 31 December 2013

8,832

NET BOOK VALUE

At 31 December 2013

2,746

At 31 December 2012

4,537

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100