Registered number
06373797
ABC INN 5 LIMITED
Abbreviated Accounts
30 September 2015
TEMPLETONS (UK) LIMITED
CHARTERED ACCOUNTANTS
309 HOE STREET
WALTHAMSTOW
LONDON E17 9BG
ABC INN 5 LIMITED
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of ABC INN 5 LIMITED for the year ended 30 September 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of ABC INN 5 LIMITED for the year ended 30 September 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Templetons (UK) Ltd
Chartered Accountants
309 Hoe Street
Walthamstow
London
E17 9BG
29 June 2016
ABC INN 5 LIMITED
Registered number: 06373797
Abbreviated Balance Sheet
as at 30 September 2015
Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 60,771 61,436
Current assets
Stocks 12,873 13,148
Debtors 4,225 4,916
Cash at bank and in hand 124 2,370
17,222 20,434
Creditors: amounts falling due within one year (113,650) (114,740)
Net current liabilities (96,428) (94,306)
Net liabilities (35,657) (32,870)
Capital and reserves
Called up share capital 3 1,000 1,000
Profit and loss account (36,657) (33,870)
Shareholders' funds (35,657) (32,870)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Francis Crowe
Director
Approved by the board on 29 June 2016
ABC INN 5 LIMITED
Notes to the Abbreviated Accounts
for the year ended 30 September 2015
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 15% reducing balance
Stocks
Stock is valued at the lower of cost and net realisable value.
2 Tangible fixed assets £
Cost
At 1 October 2014 68,057
At 30 September 2015 68,057
Depreciation
At 1 October 2014 6,621
Charge for the year 665
At 30 September 2015 7,286
Net book value
At 30 September 2015 60,771
At 30 September 2014 61,436
3 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1,000 1,000 1,000
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