trueAbbey Homes Limited35023882016-07-31-88734-168412-88730-16840844-88730-168408-88730-168408-88730-168408545970660924457240492516202343183547254895214458294511Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The company is dependent on other companies for financial support in which Mr NM Evans, the director and shareholder, has a material interest. Those other companies intend to continue to provide financial and other support to the company for the foreseeable future to enable it to meet its liabilities as they fall due. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of VAT.
Work in progress
Work-in-progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure.
There are no fixed assets.
There are no fixed assets.
There are none falling due after more than one year.
Ordinary1444Creditors: Amounts falling due within one yearThe following liabilities disclosed under creditors falling due within one year are secured by the company: Bank loans and overdrafts 2016 £21,289 (2015 £Nil)2017-04-25Mr NM Evanstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureAbbey Homes Limited2015-08-012016-07-31Abbey Homes Limited2014-08-012015-07-31Abbey Homes Limited2014-07-31Abbey Homes Limited2015-07-31Abbey Homes Limited2015-07-31Abbey Homes Limited2016-07-31 2017-04-26