Abar Automation Limited - Period Ending 2015-12-31

Abar Automation Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015

Lambert Chapman LLP
Chartered Accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

Abar Automation Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

Registration number: 04126101

Abar Automation Limited
Balance Sheet as at 31 December 2015

	Note	2015 £	2014 £
Current assets
Debtors		32,202	17,436
Cash at bank and in hand		20,456	13,011
		52,658	30,447
Creditors: Amounts falling due within one year		(40,125)	(22,097)
Net assets		12,533	8,350
Capital and reserves
Called up share capital	2	30	30
Profit and loss account		12,503	8,320
Shareholders' funds		12,533	8,350

For the year ended 31 December 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

Approved by the Board on 21 October 2016 and signed on its behalf by:

S J Rutherford
Director

The notes on page 2 form an integral part of these financial statements.
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Abar Automation Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of end of line automation solutions for food and non-food industries.

Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2	Share capital

Allotted, called up and fully paid shares

	2015			2014
		No.	£		No.	£
Ordinary shares of £1 each		30	30		30	30

Control

The company is controlled by the directors who own 100% of the called up share capital .

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