Abbreviated Company Accounts - ABV RHOADES LIMITED

05013125 ABV RHOADES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05013125 2015-04-01 2016-03-31 05013125 2016-03-31 05013125 2015-03-31 05013125 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05013125 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05013125

ABV RHOADES LIMITED

Abbreviated Accounts

31 March 2016

ABV RHOADES LIMITED Registered Number 05013125

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,631	5,496
		4,631	5,496
Current assets
Debtors		37,117	29,001
Cash at bank and in hand		103	20,388
		37,220	49,389
Creditors: amounts falling due within one year		(41,310)	(48,810)
Net current assets (liabilities)		(4,090)	579
Total assets less current liabilities		541	6,075
Total net assets (liabilities)		541	6,075
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		539	6,073
Shareholders' funds		541	6,075

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 16 December 2016

And signed on their behalf by:
Mr J A Rhoades, Director

ABV RHOADES LIMITED Registered Number 05013125

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 January 2015.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for services net of VAT and trade discounts. It is recognised when the services are provided to the customer.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
Plant and machinery 33.3% straight line
Fixtures, fittings and equipment 10% written down value

2Tangible fixed assets

	£
Cost
At 1 April 2015	15,539
Additions	1,779
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	17,318
Depreciation
At 1 April 2015	10,043
Charge for the year	2,644
On disposals	-
At 31 March 2016	12,687
Net book values
At 31 March 2016	4,631
At 31 March 2015	5,496

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2