REGISTERED NUMBER: 06596206 (England and Wales)

Abbreviated Accounts for the Year Ended 31 August 2013

for

Abel Plastering & Flooring Systems Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P C Hewitt

T Ludden

REGISTERED OFFICE:

2 Eastgate House

44 Olive Lane

Liverpool

L15 8LS

REGISTERED NUMBER:

06596206 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

1,933

4,099

CURRENT ASSETS

Debtors

212,837

182,656

Cash in hand

-

735

212,837

183,391

CREDITORS

Amounts falling due within one year

3

214,029

116,318

NET CURRENT (LIABILITIES)/ASSETS

(1,192

)

67,073

TOTAL ASSETS LESS CURRENT LIABILITIES

741

71,172

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

641

71,072

SHAREHOLDERS' FUNDS

741

71,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2013 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 19 September 2014 and were signed on its behalf by:

T Ludden - 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 April 2008).

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.

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

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 September 2012

and 31 August 2013

10,833

DEPRECIATION

At 1 September 2012

6,734

Charge for year

2,166

At 31 August 2013

8,900

NET BOOK VALUE

At 31 August 2013

1,933

At 31 August 2012

4,099

3.

CREDITORS

Creditors include an amount of £ 54,251 (31.8.12 - £ 14,302 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.13

31.8.12

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors operate a current account to which transactions of a private nature are posted. As at 31 August

2013 an amount of £4327 (2012 £739 creditor), was included within other debtors in respect of Mr P Hewitt.