Registered Number 02864493
ABAXIAL LIMITED
Abbreviated Accounts
30 September 2016
Notes | 2016 | 2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|||
Current assets | |||
Investments |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year |
( |
( |
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
accordance with the Financial Reporting Standard for Smaller Entities (effective January
2015).
Tangible assets depreciation policy
value, over the useful economic life of that asset as follows:
Equipment - 15% reducing balancing
Other accounting policies
Financial instruments are classified and accounted for, according to the substance of the
contractual arrangement, as either financial assets, financial liabilities or equity
instruments. An equity instrument is any contract that evidences a residual interest in the
assets of the company after deducting all of its liabilities.
£ | |
---|---|
Cost | |
At 1 October 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2016 |
|
Depreciation | |
At 1 October 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2016 |
|
Net book values | |
At 30 September 2016 | 1,565 |
At 30 September 2015 | 1,842 |