REGISTERED NUMBER: 04503863 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2012

for

Abba Cars (Warrington) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P P Bailey

SECRETARY:

P P Bailey

REGISTERED OFFICE:

Unit 3

Crown Street

Warrington

Cheshire

WA1 2AE

REGISTERED NUMBER:

04503863 (England and Wales)

ACCOUNTANTS:

Centrix Partnership

Chartered Certified Accountants

Suite 19

Hamill House

112 - 116 Chorley New Road

Bolton

Lancashire

BL1 4DH

FIXED ASSETS

Intangible assets

2

15,000

40,200

Tangible assets

3

39,728

82,759

54,728

122,959

CURRENT ASSETS

Debtors

220,441

217,190

CREDITORS

Amounts falling due within one year

259,292

339,640

NET CURRENT LIABILITIES

(38,851

)

(122,450

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,877

509

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

15,875

507

SHAREHOLDERS' FUNDS

15,877

509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 July 2013 and were signed by:

P P Bailey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2011

and 31 October 2012

252,000

AMORTISATION

At 1 November 2011

211,800

Amortisation for year

25,200

At 31 October 2012

237,000

NET BOOK VALUE

At 31 October 2012

15,000

At 31 October 2011

40,200

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2011

407,413

Disposals

(64,309

)

At 31 October 2012

343,104

DEPRECIATION

At 1 November 2011

324,654

Charge for year

13,244

Eliminated on disposal

(34,522

)

At 31 October 2012

303,376

NET BOOK VALUE

At 31 October 2012

39,728

At 31 October 2011

82,759

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.12

31.10.11

value:

£

£

2

Ordinary

£1

2

2