Abtech A.V.S.S. Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04694328

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Abtech A.V.S.S. Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr. R G Armstrong

Mr. M T Bennell

SECRETARY:

Mr. R G Armstrong

REGISTERED OFFICE:

Unit 2 Newmans

Hounsdown Business Park

Totton

Southampton

Hampshire

SO40 9LX

REGISTERED NUMBER:

04694328

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Intangible assets

2

2,641

Tangible assets

3

23,028

26,379

25,669

29,020

CURRENT ASSETS

Stocks

2,000

6,333

Debtors

14,367

16,579

Cash at bank

42,091

22,128

58,458

45,040

CREDITORS

Amounts falling due within one year

64,983

58,832

NET CURRENT LIABILITIES

(6,525

)

(13,792

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,144

15,228

CREDITORS

Amounts falling due after more than one
year

-

(1,393

)

PROVISIONS FOR LIABILITIES

(4,426

)

(5,056

)

NET ASSETS

14,718

8,779

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

14,716

8,777

SHAREHOLDERS' FUNDS

14,718

8,779

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 March 2017 and were signed on its
behalf by:

Mr. M T Bennell - Director

Mr. R G Armstrong - Director

1.	ACCOUNTING POLICIES

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

2,641

NET BOOK VALUE

At 30 June 2016

2,641

At 30 June 2015

2,641

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

71,041

DEPRECIATION

At 1 July 2015

44,662

Charge for year

3,351

At 30 June 2016

48,013

NET BOOK VALUE

At 30 June 2016

23,028

At 30 June 2015

26,379

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

2

Ordinary

1

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2016 and

30 June 2015:

30.6.16

30.6.15

£

Mr. R G Armstrong

Balance outstanding at start of year

784

369

Amounts advanced

2,739

5,000

Amounts repaid

(2,443

)

(4,585

)

Balance outstanding at end of year

1,080

784

Mr. M T Bennell

Balance outstanding at start of year

263

68

Amounts advanced

2,739

5,000

Amounts repaid

(2,612

)

(4,805

)

Balance outstanding at end of year

390

263