Abbreviated Company Accounts

ABCR (UK) LTD Registered Number 03490030

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments		-	-
		-	-
Current assets
Stocks		-	-
Debtors		29,843	113,199
Investments		-	-
Cash at bank and in hand		3,922	3,928
		33,765	117,127
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(7,313)	(7,204)
Net current assets (liabilities)		26,452	109,923
Total assets less current liabilities		26,452	109,923
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		-	0
Accruals and deferred income		0	0
Total net assets (liabilities)		26,452	109,923
Capital and reserves
Called up share capital	2	95	95
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		26,357	109,828
Shareholders' funds		26,452	109,923

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 October 2016

And signed on their behalf by:
M Braunagel, Director

ABCR (UK) LTD Registered Number 03490030

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold;
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
95 Ordinary shares of £1 each	95	95