A B Multimask Ltd.

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		1,245		1,660

			1,245		1,660
CURRENT ASSETS
Stocks		25,750		25,986
Debtors		9,471		17,750

		35,221		43,736
Creditors: Amounts Falling Due Within One Year		(31,345 )		(41,287 )

NET CURRENT ASSETS (LIABILITIES)			3,876		2,449

TOTAL ASSETS LESS CURRENT LIABILITIES			5,121		4,109

PROVISIONS FOR LIABILITIES
Deferred Taxation			(249 )		(332 )

NET ASSETS			4,872		3,777

CAPITAL AND RESERVES
Called up share capital	3		5		5
Profit and Loss Account			4,868		3,773

SHAREHOLDERS' FUNDS			4,873		3,778

A B Multimask Ltd.

Company No. 06161609

Abbreviated Balance Sheet (continued) 31 March 2016

For the year ending 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Trevor While

14th December 2016

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance

1.4. Stocks and Work in Progress

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 stocks.

1.5. Deferred Taxation

In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date.

2. Tangible Assets


	Total
Cost	£
As at 1 April 2015	8,606

As at 31 March 2016	8,606

Depreciation
As at 1 April 2015	6,946
Provided during the period	415

As at 31 March 2016	7,361

Net Book Value
As at 31 March 2016	1,245

As at 1 April 2015	1,660

Page 2

A B Multimask Ltd.

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 March 2016

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	2	2	2

Ordinary B shares	1.000	1	1	1

Ordinary C shares	1.000	2	2	2




		5	5	5

4. Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 April 2015	Amounts advanced	Amounts repaid	As at 31 March 2016
	£	£	£	£
Mr Trevor While	1,027	-	-	1,027

The above loan is unsecured, interest free and repayable on demand.

5. Ultimate Controlling Party

The company is ultimately controlled by its ordinary shareholders.