Registered Number 07032171

ABI SIGNORELLI LIMITED

Abbreviated Accounts

30 September 2015

ABI SIGNORELLI LIMITED Registered Number 07032171

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 239 1,553
239 1,553
Current assets
Debtors 131,759 119,110
Cash at bank and in hand 7,845 18,100
139,604 137,210
Creditors: amounts falling due within one year (41,188) (30,075)
Net current assets (liabilities) 98,416 107,135
Total assets less current liabilities 98,655 108,688
Provisions for liabilities - (311)
Total net assets (liabilities) 98,655 108,377
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 98,555 108,277
Shareholders' funds 98,655 108,377
  • For the year ending 30 September 2015 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 29 June 2016

And signed on their behalf by:
A Signorelli, Director

ABI SIGNORELLI LIMITED Registered Number 07032171

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Plant and machinery 33% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the
recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred
taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the
periods when the timing differences will reverse.

2Tangible fixed assets
£
Cost
At 1 October 2014 6,888
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 6,888
Depreciation
At 1 October 2014 5,335
Charge for the year 1,314
On disposals -
At 30 September 2015 6,649
Net book values
At 30 September 2015 239
At 30 September 2014 1,553
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: A Signorelli
Description of the transaction: Director loan account
Balance at 1 October 2014: £ 99,842
Advances or credits made: £ 125,159
Advances or credits repaid: £ 99,842
Balance at 30 September 2015: £ 125,159

Director loan subject to interest at 3.25% per annum