Registered number: 04705093 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2017 | ||||||||
Prepared By: | ||||||||
Woodways Accountancy | ||||||||
The White Cottage | ||||||||
10 Worminghall Road | ||||||||
Oakley | ||||||||
England | ||||||||
HP18 9QY |
A B STILL LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2017 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Mrs J S Brookes | ||||||||
REGISTERED OFFICE | ||||||||
Bucks | ||||||||
COMPANY DETAILS | ||||||||
registered in England, registered number 04705093 | ||||||||
ACCOUNTANTS | ||||||||
Woodways Accountancy | ||||||||
The White Cottage | ||||||||
10 Worminghall Road | ||||||||
Oakley | ||||||||
England | ||||||||
HP18 9QY |
A B STILL LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2017 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
A B STILL LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2017 | 2016 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investment Assets | 3 | 10,255 | 10,255 | |||||||
CURRENT ASSETS | ||||||||||
Stock | 175 | 125 | ||||||||
Debtors | 5 | 1,330 | 6,708 | |||||||
Cash at bank and in hand | ||||||||||
9,691 | 11,617 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | 15,045 | 21,289 | |||||||
NET CURRENT LIABILITIES | (5,354) | (9,672) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 27,559 | 27,224 | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | 1 | 1 | |||||||
Profit and loss account | 27,558 | 27,223 | ||||||||
SHAREHOLDERS' FUNDS | 27,224 | |||||||||
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
A B STILL LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2017 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | 20% |
1c. Stocks | ||||||||
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2016 | 92,831 | 92,831 | ||
Additions | 1,680 | 1,680 | ||
At 31 March 2017 | 94,511 | 94,511 | ||
Depreciation | ||||
At 1 April 2016 | 66,190 | 66,190 | ||
For the year | 5,663 | 5,663 | ||
At 31 March 2017 | 71,853 | 71,853 | ||
Net Book Amounts | ||||
At 31 March 2017 | ||||
At 31 March 2016 | ||||
A B STILL LIMITED | ||||||||
3. INVESTMENT FIXED ASSETS | |||||||||
Listed | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 1 April 2016 | 10,255 | 10,255 | |||||||
At 31 March 2017 | 10,255 | 10,255 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31 March 2017 | 10,255 | 10,255 | |||||||
At 31 March 2016 | 10,255 | 10,255 | |||||||
4. STOCK | 2017 | 2016 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock raw materials | 175 | 125 | ||||
5. DEBTORS | 2017 | 2016 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 594 | 5,909 | ||||||
Prepayments | 736 | 799 | ||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
UK corporation tax | 9,519 | 8,405 | ||||||
VAT | 2,561 | 3,780 | ||||||
PAYE control | 237 | 106 | ||||||
Directors current account | 294 | 7,468 | ||||||
Credit card | 864 | 162 | ||||||
Trade creditors | 567 | 143 | ||||||
Accruals | 1,003 | 1,225 | ||||||
15,045 | 21,289 | |||||||
7. EMPLOYEES | ||||||
2017 | 2016 | |||||
No. | No. | |||||
A B STILL LIMITED | ||||||||
8. SHARE CAPITAL | 2017 | 2016 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||