REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
FOR |
AB FAB HAIR LIMITED |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
FOR |
AB FAB HAIR LIMITED |
AB FAB HAIR LIMITED (REGISTERED NUMBER: SC256561) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
AB FAB HAIR LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
AB FAB HAIR LIMITED (REGISTERED NUMBER: SC256561) |
ABBREVIATED BALANCE SHEET |
31 OCTOBER 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
AB FAB HAIR LIMITED (REGISTERED NUMBER: SC256561) |
ABBREVIATED BALANCE SHEET - continued |
31 OCTOBER 2016 |
The financial statements were approved by the director on |
AB FAB HAIR LIMITED (REGISTERED NUMBER: SC256561) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the going concern basis which assumes that the company will |
continue in operational existence for the foreseeable future. As at balance sheet date the company's liabilities |
exceeded its assets by £2,090 (2015: £11,581). The company is thus dependent on the continuing financial |
support of its director and other creditors and meets its day to day working capital requirements. The director is |
confident of this continuing support and of the company's long term trading prospects and on this basis consider |
it appropriate to prepare the financial statements on the going concern basis. The financial statements do not |
include any adjustments that would result from withdrawal of financial support. |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 November 2015 |
Additions |
At 31 October 2016 |
DEPRECIATION |
At 1 November 2015 |
Charge for year |
At 31 October 2016 |
NET BOOK VALUE |
At 31 October 2016 |
At 31 October 2015 |
AB FAB HAIR LIMITED (REGISTERED NUMBER: SC256561) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2016 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |