Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
Abrc Limited
trading as ABRC LTD
Contents
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Abrc Limited
trading as ABRC LTD
(Registration number: 05532230)
Abbreviated Balance Sheet at 31 August 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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( |
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Provisions for liabilities |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' deficit |
( |
( |
Approved by the Board on
1
Abrc Limited
trading as ABRC LTD
(Registration number: 05532230)
Abbreviated Balance Sheet at 31 August 2016
......... continued
.........................................
Mr M J Fry
Director
2
Abrc Limited
trading as ABRC LTD
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Goodwill is amortised over its usefull life.
Asset class |
Amortisation method and rate |
Positive goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant, fixtues, equipment |
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Deferred tax
Foreign currency
Hire purchase and leasing
Abrc Limited
trading as ABRC LTD
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Financial instruments
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 September 2015 |
52,500 |
65,255 |
117,755 |
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At 31 August 2016 |
52,500 |
65,255 |
117,755 |
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Depreciation |
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At 1 September 2015 |
52,500 |
58,029 |
110,529 |
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Charge for the year |
- |
1,730 |
1,730 |
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At 31 August 2016 |
52,500 |
59,759 |
112,259 |
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Net book value |
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At 31 August 2016 |
- |
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At 31 August 2015 |
- |
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Creditors |
Included in the creditors are the following amounts due after more than five years:
2016
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2015
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After more than five years by instalments |
- |
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Abrc Limited
trading as ABRC LTD
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr M J Fry |
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( |
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(61,378) |
- |