| ABA Building & Plastering Ltd |
For the year ended 28 February 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07966747
ABA Building & Plastering Ltd
For the year ended 28 February 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
ABA Building & Plastering Ltd
Accountants' Report
For the year ended 28 February 2014
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
| ended 28 February 2014 and you consider that the company is exempt from an audit under the Companies Act |
| 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Modena Accountancy Services Ltd
148 Portland Road
Hove
East Sussex
BN3 5QL
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| Abbreviated Balance Sheet |
ABA Building & Plastering Ltd
2014
2013
2
8,344
4,125
8,344
4,125
8,332
46,402
2,596
8,284
48,998
16,616
| Creditors: amounts falling due within one year |
(28,184)
(50,731)
(11,568)
(1,733)
Net current liabilities
| Total assets less current liabilities |
6,611
(7,443)
6,611
Net assets/liabilities
(7,443)
2
3
2
6,609
(7,445)
6,611
(7,443)
Shareholders funds
| For the year ended 28 February 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) 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. |
| Date approved by the board: 21 October 2014 |
| Signed on behalf of the board of directors |
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| Notes to the Abbreviated Financial Statements |
ABA Building & Plastering Ltd
For the year ended 28 February 2014
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
| Finance lease and hire purchase charges |
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor Vehicles
| Assets on finance lease and hire purchase |
| Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
| rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
| and depreciated over the shorter of the lease term and their estimated expected useful lives. |
| Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
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| Notes to the Abbreviated Financial Statements |
ABA Building & Plastering Ltd
For the year ended 28 February 2014
5,500
7,000
12,500
1,375
2,781
Charge for year
4,156
8,344
4,125
| Allotted called up and fully paid |
2014
2013
| 2 Ordinary shares of £1.00 each |
2
2
2
2
4 of 4