Abbreviated Company Accounts - ABBEY COMMERCIAL SERVICES LIMITED

01729962 ABBEY COMMERCIAL SERVICES LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 01729962 2015-07-01 2016-06-30 01729962 2016-06-30 01729962 2015-06-30 01729962 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 01729962 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 01729962

ABBEY COMMERCIAL SERVICES LIMITED

Abbreviated Accounts

30 June 2016

ABBEY COMMERCIAL SERVICES LIMITED Registered Number 01729962

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	715	841
		715	841
Current assets
Debtors		171,962	164,411
Cash at bank and in hand		110,401	98,616
		282,363	263,027
Creditors: amounts falling due within one year		(25,342)	(31,515)
Net current assets (liabilities)		257,021	231,512
Total assets less current liabilities		257,736	232,353
Total net assets (liabilities)		257,736	232,353
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		257,734	232,351
Shareholders' funds		257,736	232,353

For the year ending 30 June 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 28 March 2017

And signed on their behalf by:
A L Joshi, Director

ABBEY COMMERCIAL SERVICES LIMITED Registered Number 01729962

Notes to the Abbreviated Accounts for the period ended 30 June 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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities. The revenue is recognised for the services as the services are performed.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follow:
Fixtures, fittings and equipment – 15% per annum on reducing balance basis

Other accounting policies
Going Concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate having regard to the circumstances.

2Tangible fixed assets

	£
Cost
At 1 July 2015	33,690
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	33,690
Depreciation
At 1 July 2015	32,849
Charge for the year	126
On disposals	-
At 30 June 2016	32,975
Net book values
At 30 June 2016	715
At 30 June 2015	841

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2