Abbreviated Company Accounts - ABC ENGINEERING (FORMBY) LIMITED

06317073 ABC ENGINEERING (FORMBY) LIMITED 2012-07-31 false 2011-08-01 2012-07-31 true 06317073 2011-08-01 2012-07-31 06317073 2012-07-31 06317073 2011-07-31 06317073 uk-gaap-cd-bus:Director1 2011-08-01 2012-07-31 06317073 uk-gaap-cd-bus:Director2 2011-08-01 2012-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-08-01 2012-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-07-31 iso4217:GBP shares

Registered Number 06317073

ABC ENGINEERING (FORMBY) LIMITED

Abbreviated Accounts

31 July 2012

ABC ENGINEERING (FORMBY) LIMITED Registered Number 06317073

Abbreviated Balance Sheet as at 31 July 2012

	Notes	2012	2011
		£	£
Fixed assets
Tangible assets	2	5,935	7,418
		5,935	7,418
Current assets
Stocks		1,800	4,520
Debtors		1,076	21,771
Cash at bank and in hand		739	4,318
		3,615	30,609
Creditors: amounts falling due within one year		(47,722)	(59,893)
Net current assets (liabilities)		(44,107)	(29,284)
Total assets less current liabilities		(38,172)	(21,866)
Total net assets (liabilities)		(38,172)	(21,866)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(38,272)	(21,966)
Shareholders' funds		(38,172)	(21,866)

For the year ending 31 July 2012 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 31 May 2013

And signed on their behalf by:
K Chaderton, Director

ABC ENGINEERING (FORMBY) LIMITED Registered Number 06317073

Notes to the Abbreviated Accounts for the period ended 31 July 2012

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 comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Tangible assets other than freehold land are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets les their estimated residual value over their expected useful lives on the following basis:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2011	18,294
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2012	18,294
Depreciation
At 1 August 2011	10,876
Charge for the year	1,483
On disposals	-
At 31 July 2012	12,359
Net book values
At 31 July 2012	5,935
At 31 July 2011	7,418

3Called Up Share Capital
Allotted, called up and fully paid:

	2012 £	2011 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

A directors loan account has been maintained throughout the year.