Registered Number 04251685

A B GEOLOGICAL LIMITED

Abbreviated Accounts

31 July 2014

A B GEOLOGICAL LIMITED Registered Number 04251685

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 50 86
50 86
Current assets
Debtors 54,954 97,256
Cash at bank and in hand 3,570 14,098
58,524 111,354
Creditors: amounts falling due within one year (18,310) (57,036)
Net current assets (liabilities) 40,214 54,318
Total assets less current liabilities 40,264 54,404
Total net assets (liabilities) 40,264 54,404
Capital and reserves
Called up share capital 120 120
Profit and loss account 40,144 54,284
Shareholders' funds 40,264 54,404
  • For the year ending 31 July 2014 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 25 November 2014

And signed on their behalf by:
A Bowen, Director

A B GEOLOGICAL LIMITED Registered Number 04251685

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Equipment - 25% Straight Line

2Tangible fixed assets
£
Cost
At 1 August 2013 1,699
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 1,699
Depreciation
At 1 August 2013 1,613
Charge for the year 36
On disposals -
At 31 July 2014 1,649
Net book values
At 31 July 2014 50
At 31 July 2013 86