REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 July 2017 |
for |
Able (Northern) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 July 2017 |
for |
Able (Northern) Limited |
Able (Northern) Limited (Registered number: 03133450) |
Contents of the Financial Statements |
for the year ended 31 July 2017 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Able (Northern) Limited |
Company Information |
for the year ended 31 July 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3-5 Grange Terrace |
Stockton Road |
Sunderland |
Tyne & Wear |
SR2 7DG |
Able (Northern) Limited (Registered number: 03133450) |
Statement of Financial Position |
31 July 2017 |
2017 | 2016 |
Notes | £ | £ |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors on |
Able (Northern) Limited (Registered number: 03133450) |
Notes to the Financial Statements |
for the year ended 31 July 2017 |
1. | STATUTORY INFORMATION |
Able (Northern) Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis which assumes that the company will continue in |
operational existence for the foreseeable future, which the directors consider appropriate. |
The company was dormant throughout the current year and previous year. |
First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A |
These financial statements for the year ended 31 July 2017 are the first that are prepared in accordance with FRS |
102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of |
transition to FRS 102 Section 1A is 1 August 2015. |
In preparing the financial statements, the directors have considered whether in applying the accounting policies |
required by FRS102 Section 1a "Small Entities", the restatement of comparative items was required. The |
transition to FRS102 Section 1a "Small Entities" has not resulted in any changes to accounting policies used. |
Upon adoption of FRS 102 Section 1A, there were no transitional adjustments required. |
Financial instruments |
The company only has financial assets and financial liabilities of a kind that qualify as basic financial |
instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their |
settlement value. |
3. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Able Construction (Northern) |
Limited |
4. | ULTIMATE CONTROLLING PARTY |
The company was under control of Mr and Mrs P Fowle during both years. |