Registered Number 06404593

ABBEY SOLICITORS LIMITED

Abbreviated Accounts

31 March 2016

ABBEY SOLICITORS LIMITED Registered Number 06404593

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,151 2,302
1,151 2,302
Current assets
Stocks 300,000 300,000
Debtors 227,718 411,965
Cash at bank and in hand 1,834,789 1,459,649
2,362,507 2,171,614
Creditors: amounts falling due within one year (1,297,881) (1,216,242)
Net current assets (liabilities) 1,064,626 955,372
Total assets less current liabilities 1,065,777 957,674
Total net assets (liabilities) 1,065,777 957,674
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 1,065,677 957,574
Shareholders' funds 1,065,777 957,674
  • For the year ending 31 March 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.

Approved by the Board on 29 June 2016

And signed on their behalf by:
Nadeem Ullah, Director

ABBEY SOLICITORS LIMITED Registered Number 06404593

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover represents the fees invoiced in the year for the supply of legal services.

2Tangible fixed assets
£
Cost
At 1 April 2015 21,637
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 21,637
Depreciation
At 1 April 2015 19,335
Charge for the year 1,151
On disposals -
At 31 March 2016 20,486
Net book values
At 31 March 2016 1,151
At 31 March 2015 2,302
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: Nadeem Ullah
Description of the transaction: Directors Loan
Balance at 1 April 2015: £ 52,386
Advances or credits made: -
Advances or credits repaid: £ 52,386
Balance at 31 March 2016: £ 0