A B S Berkshire Limited - Limited company - abbreviated

REGISTERED NUMBER: 07150847 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

A B S Berkshire Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Accountants' Report

7

DIRECTOR:

A J Barker

REGISTERED OFFICE:

Overdene House

49 Church Street

Theale

Berkshire

RG7 5BX

REGISTERED NUMBER:

07150847 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Overdene House

49 Church Street

Theale

Reading

Berkshire

RG7 5BX

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

-

10,703

-

10,703

CURRENT ASSETS

Stocks

-

4,757

Debtors

2,869

1,001

Cash at bank

66

2,587

2,935

8,345

CREDITORS

Amounts falling due within one year

5,810

18,583

NET CURRENT LIABILITIES

(2,875

)

(10,238

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,875

)

465

CREDITORS

Amounts falling due after more than one
year

-

241

NET (LIABILITIES)/ASSETS

(2,875

)

224

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(2,876

)

223

SHAREHOLDERS' FUNDS

(2,875

)

224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 31 December 2014 and were signed by:

A J Barker - 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 and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of three 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 and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

10,000

AMORTISATION

At 1 April 2013

and 31 March 2014

10,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

19,644

Disposals

(19,644

)

At 31 March 2014

-

DEPRECIATION

At 1 April 2013

8,941

Eliminated on disposal

(8,941

)

At 31 March 2014

-

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

10,703

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

A J Barker

Balance outstanding at start of year

-

Amounts advanced

2,868

-

Amounts repaid

-

Balance outstanding at end of year

2,868

-

The overdrawn directors loan account was repaid within nine months of the year end.

6.	CONTROLLING PARTY

The company is controlled by A J Barker, a director and shareholder of the company.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A B S Berkshire Limited for the year ended 31 March 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of A B S Berkshire Limited in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of A B S Berkshire Limited and

state those matters that we have agreed to state to the director of A B S Berkshire Limited in this report in accordance

with the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that A B S Berkshire Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A B S Berkshire

Limited. You consider that A B S Berkshire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A B S Berkshire Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

J & C Accountants Ltd

Overdene House

49 Church Street

Theale

Reading

Berkshire

RG7 5BX

31 December 2014