033983162015-08-012016-07-31falsetruehttp://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-07-31http://www.companieshouse.gov.uk/cd:Director12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2016-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-08-012016-07-31http://www.companieshouse.gov.uk/2014-08-012015-07-31http://www.companieshouse.gov.uk/2015-08-012016-07-31http://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/2016-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03398316
Abbeywalk Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
Abbeywalk Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 03398316
Abbeywalk Limited
Registered Number: 03398316
BALANCE SHEET AT 31/07/2016
20162015
Notes££
FIXED ASSETS
Tangible assets211,64313,146
CURRENT ASSETS
Debtors (amounts falling due within one year)332,22655,959
Cash at bank and in hand20,304-
52,53055,959
CREDITORS: Amounts falling due within one year61,09268,250
NET CURRENT LIABILITIES(8,562)(12,291)
TOTAL ASSETS LESS CURRENT LIABILITIES3,081855
CREDITORS: Amounts falling due after more than one year42,653-
NET ASSETS428855
CAPITAL AND RESERVES
Called up share capital522
Profit and loss account426853
SHAREHOLDERS' FUNDS428855
For the year ending 31/07/2016 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 16/01/2017 and signed on their behalf by
J H Callaghan
Director
Abbeywalk Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
Abbeywalk Limited
2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/08/201517,34537,38459255,321
Additions-11,372-11,372
Disposals-(11,991)-(11,991)
At 31/07/201617,34536,76559254,702
Depreciation
At 01/08/201514,29527,63124942,175
Disposals-(2,998)-(2,998)
For the year7633,033863,882
At 31/07/201615,05827,66633543,059
Net Book Amounts
At 31/07/20162,2879,09925711,643
At 31/07/20153,0509,75334313,146
3. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors23,15637,120
Other debtors9,07018,839
32,22655,959
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20162015
££
Other creditors2,653-
2,653-
Included in other creditors are:
Obligations under hire purchase2,653-
Abbeywalk Limited
5. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22