REGISTERED NUMBER: 06695457 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 September 2016

for

A B Storage Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Williams

REGISTERED OFFICE:

Granite Buildings

6 Stanley Street

Liverpool

Merseyside

L1 6AF

REGISTERED NUMBER:

06695457 (England and Wales)

ACCOUNTANTS:

Sloan & Co.

Chartered Accountants

Granite Buildings

6 Stanley Street

Liverpool

Merseyside

L1 6AF

FIXED ASSETS

Tangible assets

2

-

322

CURRENT ASSETS

Debtors

26,388

46,021

Cash at bank

63

63

26,451

46,084

CREDITORS

Amounts falling due within one year

59,563

73,188

NET CURRENT LIABILITIES

(33,112

)

(27,104

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,112

)

(26,782

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(33,212

)

(26,882

)

SHAREHOLDERS' FUNDS

(33,112

)

(26,782

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 10 March 2017 and were signed by:

P Williams - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company has net liabilities in the sum of £33,112 (2015 - £26,782). Having reviewed current trading levels

and future prospects for the forthcoming year, the directors consider it appropriate to prepare the financial

statements on the going concern basis.

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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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 equipment

-

25% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

6,805

DEPRECIATION

At 1 October 2015

6,483

Charge for year

322

At 30 September 2016

6,805

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

322

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100