Abbey Properties (Europe) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02856121 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Abbey Properties (Europe) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr B W Barker

Mrs S Barker

Mr E W H Barker

SECRETARY:

Mrs S Barker

REGISTERED OFFICE:

Number Sixty One

Alexandra Road

Lowestoft

Suffolk

NR32 1PL

REGISTERED NUMBER:

02856121 (England and Wales)

ACCOUNTANTS:

CUNNINGHAMS

Number Sixty One

Alexandra Road

Lowestoft

Suffolk

NR32 1PL

FIXED ASSETS

Tangible assets

2

707

CURRENT ASSETS

Debtors

814

Cash at bank

3,224

4,064

4,038

4,878

CREDITORS

Amounts falling due within one year

2,280

3,120

NET CURRENT ASSETS

1,758

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,465

CAPITAL AND RESERVES

Called up share capital

3

5

Profit and loss account

2,460

SHAREHOLDERS' FUNDS

2,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 June 2016 and were signed on its behalf by:

Mr B W Barker - Director

Mrs S Barker - Director

Mr E W H Barker - 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).

The company was dormant throughout the year ended 31 December 2015. However, reference to information

relating to the year ended 31 December 2014 has been made where appropriate.

Turnover

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

22,615

DEPRECIATION

At 1 January 2015

and 31 December 2015

21,908

NET BOOK VALUE

At 31 December 2015

707

At 31 December 2014

707

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

5

Ordinary

£1

5