Abacus Furniture Systems Limited 02284367 false true 2011-10-01 2013-03-31 2013-03-31 02284367 2011-10-01 2013-03-31 02284367 2013-03-31 02284367 uk-bus:OrdinaryShareClass1 uk-bus:CumulativeShares 2013-03-31 02284367 uk-bus:Director3 2011-10-01 2013-03-31 02284367 uk-bus:OrdinaryShareClass1 uk-bus:CumulativeShares 2011-10-01 2013-03-31 02284367 uk-gaap:MotorVehicles 2011-10-01 2013-03-31 02284367 uk-gaap:OfficeEquipment 2011-10-01 2013-03-31 02284367 2011-09-30 02284367 2011-09-30 02284367 uk-bus:OrdinaryShareClass1 uk-bus:CumulativeShares 2011-09-30 iso4217:GBP xbrli:shares

Registration number: 02284367

Abacus Furniture Systems Limited

Unaudited Abbreviated Accounts

for the Period from 1 October 2011 to 31 March 2013

 

 

Abacus Furniture Systems Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Abacus Furniture Systems Limited
(Registration number: 02284367)
Abbreviated Balance Sheet at 31 March 2013

 

Note

   

31 March 2013
£

   

30 September 2011
£

 
 

   

   

   

 

Fixed assets

 

   

   

   

   

 

Tangible fixed assets

 

2

   

   

-

   

   

1,763

 

Current assets

 

   

   

   

   

 

Stocks

 

   

-

   

   

1,500

   

 

Debtors

 

   

1,267

   

   

36,017

   

 

Cash at bank and in hand

 

   

9,235

   

   

4

   

 

 

   

10,502

   

   

37,521

   

 

Creditors: Amounts falling due within one year

 

   

(11,629)

   

   

(38,926)

   

 

Net current liabilities

 

   

   

(1,127)

   

   

(1,405)

 

Net (liabilities)/assets

 

   

   

(1,127)

   

   

358

 

Capital and reserves

 

   

   

   

   

 

Called up share capital

 

3

   

10,000

   

   

10,000

   

 

Profit and loss account

 

   

(11,127)

   

   

(9,642)

   

 

Shareholders' (deficit)/funds

 

   

   

(1,127)

   

   

358

 

For the year ending 31 March 2013 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 6 December 2013

.........................................
BM Slann
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Abacus Furniture Systems Limited
Notes to the Abbreviated Accounts for the Period from 1 October 2011 to 31 March 2013
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going concern

The company ceased to trade on 31 March 2013. Therefore, these accounts have not been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance basis

Office equipment

25% reducing balance basis

2

Fixed assets

 

Tangible assets
£

   

Total
£

 

Cost

 

   

 

At 1 October 2011

 

36,394

   

36,394

 

Disposals

 

(36,394)

   

(36,394)

 

At 31 March 2013

 

-

   

-

 

Depreciation

 

   

 

At 1 October 2011

 

34,631

   

34,631

 

Charge for the period

 

324

   

324

 

Eliminated on disposals

 

(34,955)

   

(34,955)

 

At 31 March 2013

 

-

   

-

 

Net book value

 

   

 

At 31 March 2013

 

-

   

-

 

At 30 September 2011

 

1,763

   

1,763

 
 

Abacus Furniture Systems Limited
Notes to the Abbreviated Accounts for the Period from 1 October 2011 to 31 March 2013
......... continued

3

Share capital

Allotted, called up and fully paid shares

 

31 March 2013

30 September 2011

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

10,000

   

10,000

   

10,000

   

10,000

 
                         

4

Control

The company is controlled by the director throughout the current and previous year.