Abbreviated Company Accounts - AB INITIO PROJECT MANAGEMENT LIMITED

07315660 AB INITIO PROJECT MANAGEMENT LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 07315660 2015-08-01 2016-07-31 07315660 2016-07-31 07315660 2015-07-31 07315660 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 07315660 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 iso4217:GBP shares

Registered Number 07315660

AB INITIO PROJECT MANAGEMENT LIMITED

Abbreviated Accounts

31 July 2016

AB INITIO PROJECT MANAGEMENT LIMITED Registered Number 07315660

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,385	4,942
		4,385	4,942
Current assets
Debtors		-	7,703
Cash at bank and in hand		17,941	16,514
		17,941	24,217
Creditors: amounts falling due within one year		(20,670)	(27,663)
Net current assets (liabilities)		(2,729)	(3,446)
Total assets less current liabilities		1,656	1,496
Provisions for liabilities		(1,122)	(1,122)
Total net assets (liabilities)		534	374
Capital and reserves
Called up share capital		2	2
Profit and loss account		532	372
Shareholders' funds		534	374

For the year ending 31 July 2016 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 13 April 2017

And signed on their behalf by:
Paul Arnaudy, Director

AB INITIO PROJECT MANAGEMENT LIMITED Registered Number 07315660

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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.

Tangible assets depreciation policy
Plant & Machinery 25% - straight line
Computer Equipment 33% - reducing balance
Motor vehicles - cycles 25% - straight line

2Tangible fixed assets

	£
Cost
At 1 August 2015	12,019
Additions	1,751
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	13,770
Depreciation
At 1 August 2015	7,077
Charge for the year	2,308
On disposals	-
At 31 July 2016	9,385
Net book values
At 31 July 2016	4,385
At 31 July 2015	4,942