Abbreviated Company Accounts - ABO SERVICES LIMITED

05778948 ABO SERVICES LIMITED 2013-04-30 false 2012-05-01 2013-04-30 true 05778948 2012-05-01 2013-04-30 05778948 2013-04-30 05778948 2012-04-30 05778948 uk-gaap-cd-bus:Director1 2012-05-01 2013-04-30 05778948 uk-gaap-cd-bus:Director2 2012-05-01 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-05-01 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-30 iso4217:GBP shares

Registered Number 05778948

ABO SERVICES LIMITED

Abbreviated Accounts

30 April 2013

ABO SERVICES LIMITED Registered Number 05778948

Abbreviated Balance Sheet as at 30 April 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,226,025	1,290,553
		1,226,025	1,290,553
Current assets
Debtors		-	3,622
Cash at bank and in hand		59,160	144,507
		59,160	148,129
Creditors: amounts falling due within one year		(2,263)	(2,250)
Net current assets (liabilities)		56,897	145,879
Total assets less current liabilities		1,282,922	1,436,432
Creditors: amounts falling due after more than one year		(1,564,957)	(1,480,676)
Total net assets (liabilities)		(282,035)	(44,244)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(282,135)	(44,344)
Shareholders' funds		(282,035)	(44,244)

For the year ending 30 April 2013 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 11 December 2013

And signed on their behalf by:
Christiane Schreyer, Director

ABO SERVICES LIMITED Registered Number 05778948

Notes to the Abbreviated Accounts for the period ended 30 April 2013

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 represents amounts receivable for yacht chartering.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Motor Yacht - 5% per annum on written down value

Other accounting policies
Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 May 2012	1,429,976
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2013	1,429,976
Depreciation
At 1 May 2012	139,423
Charge for the year	64,528
On disposals	-
At 30 April 2013	203,951
Net book values
At 30 April 2013	1,226,025
At 30 April 2012	1,290,553

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100