REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2015 |
FOR |
AB FISH LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2015 |
FOR |
AB FISH LIMITED |
AB FISH LIMITED (REGISTERED NUMBER: 06936003) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2015 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
AB FISH LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
115c Milton Road |
Cambridge |
CB4 1XE |
AB FISH LIMITED (REGISTERED NUMBER: 06936003) |
BALANCE SHEET |
31 DECEMBER 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors: amounts falling due within one year | 5 |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on by: |
AB FISH LIMITED (REGISTERED NUMBER: 06936003) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2015 |
1. | STATUTORY INFORMATION |
AB Fish Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis. This may not be appropriate because at |
31st December 2015 the company's current liabilities exceeded its current assets by £680,380 and total liabilities |
of the company were £782,657. The company is reliant upon the continued supports of its directors, bank and |
creditors, but there is no evidence to suggest that further funds will not be provided as necessary, to enable the |
company to continue as a going concern. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
AB FISH LIMITED (REGISTERED NUMBER: 06936003) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2015 |
4. | TANGIBLE FIXED ASSETS |
Plant and | Motor |
machinery | vehicles | Totals |
£ | £ | £ |
COST |
At 1 January 2015 |
and 31 December 2015 |
DEPRECIATION |
At 1 January 2015 |
Charge for year |
At 31 December 2015 |
NET BOOK VALUE |
At 31 December 2015 |
At 31 December 2014 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2015 | 2014 |
£ | £ |
Trade debtors |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2015 | 2014 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Social security and other taxes |
VAT |
Other creditors |
Directors' current accounts |
Accruals and deferred income |
7. | RELATED PARTY DISCLOSURES |
As at 31 December 2015 the following amounts are included within other creditors: |
- £251,361 owed to Cambridgeshire Industrial Properties Limited, a company for which both A W Bullen and |
T P Kindred are directors. |
- £159,703 owed to Lodge Farm, a farming partnership in which A W Bullen is a partner. |
- £37,979 owed to AB Developments, a construction business in which A W Bullen is a partner. |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is AW Bullen. |