02015595 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false true false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020155952015-03-31020155952016-03-31020155952015-04-012016-03-31020155952014-03-31020155952014-04-012015-03-31020155952015-03-3102015595ns12:England2015-04-012016-03-3102015595ns14:PoundSterling2015-04-012016-03-3102015595ns7:Director12015-04-012016-03-3102015595ns7:OrdinaryShareClass12015-04-012016-03-3102015595ns7:Director22015-04-012016-03-3102015595ns7:CompanySecretary2015-04-012016-03-3102015595ns7:RegisteredOffice2015-04-012016-03-3102015595ns7:EntityAccountantsOrAuditors2015-04-012016-03-3102015595ns5:FixturesFittings2015-04-012016-03-3102015595ns5:MotorVehicles2015-04-012016-03-3102015595ns5:ComputerEquipment2015-04-012016-03-3102015595ns5:FixedAssetInvestmentsOtherThanLoans2016-03-3102015595ns5:FixedAssetInvestmentsOtherThanLoans2015-03-3102015595ns7:OrdinaryShareClass12016-03-3102015595ns7:OrdinaryShareClass12015-03-31
REGISTERED NUMBER: 02015595 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

A B Tools Limited

A B Tools Limited (Registered number: 02015595)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

A B Tools Limited

Company Information
for the Year Ended 31 March 2016







DIRECTORS: A E Bullimore
Miss J Bullimore





SECRETARY: Miss J Bullimore





REGISTERED OFFICE: Bruce Allen Accountancy Services Ltd
3rd Floor, Scottish Mutual House
27/29 North Street
Hornchurch
Essex
RM11 1RS





REGISTERED NUMBER: 02015595 (England and Wales)





ACCOUNTANTS: Bruce Allen Accountancy Services Ltd
3rd Floor
Scottish Mutual House
27-29 North Street
Hornchurch
Essex
RM11 1RS
Page 1
A B Tools Limited (Registered number: 02015595)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 44,960 53,167
Investments 3 20,100 20,100
65,060 73,267

CURRENT ASSETS
Stocks 12,250 14,122
Debtors 93,106 116,943
Cash in hand 1,674 3,748
107,030 134,813
CREDITORS
Amounts falling due within one year 61,051 92,670
NET CURRENT ASSETS 45,979 42,143
TOTAL ASSETS LESS CURRENT
LIABILITIES
111,039
115,410

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 110,939 115,310
SHAREHOLDERS' FUNDS 111,039 115,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 8 July 2016 and were signed on its behalf by:





A E Bullimore - Director


The notes form part of these abbreviated accounts

Page 2
A B Tools Limited (Registered number: 02015595)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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.

Revenue is recognised at the date an invoice is issued which is at the completion of an order.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 90,834
DEPRECIATION
At 1 April 2015 37,667
Charge for year 8,207
At 31 March 2016 45,874
NET BOOK VALUE
At 31 March 2016 44,960
At 31 March 2015 53,167

Page 3 continued...
A B Tools Limited (Registered number: 02015595)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2015
and 31 March 2016 20,100
NET BOOK VALUE
At 31 March 2016 20,100
At 31 March 2015 20,100

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ordinary 1 100 100

Page 4