Registered Number 07413150

ABMULTIPRODUCTS LTD

Abbreviated Accounts

30 November 2016

ABMULTIPRODUCTS LTD Registered Number 07413150

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,511 1,742
2,511 1,742
Current assets
Stocks 39,700 50,620
Cash at bank and in hand 6,121 20,382
45,821 71,002
Creditors: amounts falling due within one year (170,781) (215,165)
Net current assets (liabilities) (124,960) (144,163)
Total assets less current liabilities (122,449) (142,421)
Total net assets (liabilities) (122,449) (142,421)
Capital and reserves
Called up share capital 2 2
Profit and loss account (122,451) (142,423)
Shareholders' funds (122,449) (142,421)
  • For the year ending 30 November 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 24 February 2017

And signed on their behalf by:
Mr M K Ariga, Director

ABMULTIPRODUCTS LTD Registered Number 07413150

Notes to the Abbreviated Accounts for the period ended 30 November 2016

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
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:
Fixtures & Fittings - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 December 2015 2,460
Additions 1,490
Disposals -
Revaluations -
Transfers -
At 30 November 2016 3,950
Depreciation
At 1 December 2015 718
Charge for the year 721
On disposals -
At 30 November 2016 1,439
Net book values
At 30 November 2016 2,511
At 30 November 2015 1,742