Abacus Blinds & Awnings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05774432 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 30 June 2016

for

Abacus Blinds & Awnings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr I Anderson

Mrs R J Anderson

SECRETARY:

Mr I Anderson

REGISTERED OFFICE:

275 Bull Lane

Eccles

Aylesford

Kent

ME20 7HE

REGISTERED NUMBER:

05774432 (England and Wales)

ACCOUNTANT:

Mike Slade & Co Chartered Accountants

114 High Street

Rayleigh

Essex

SS6 7BY

CURRENT ASSETS

Debtors

2

-

Cash at bank

-

24,614

2

24,614

CREDITORS

Amounts falling due within one year

-

9,865

NET CURRENT ASSETS

2

14,749

TOTAL ASSETS LESS CURRENT LIABILITIES

2

14,749

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

-

14,747

SHAREHOLDERS' FUNDS

2

14,749

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 October 2016 and were signed on its behalf by:

Mr I Anderson - Director

Mrs R J Anderson - Director

1.	ACCOUNTING POLICIES

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).

The company was dormant throughout the year ended 30 June 2016. However, reference to information relating to the year ended

30 June 2015 has been made where appropriate.

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 machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

28,671

Disposals

(28,671

)

At 30 June 2016

-

DEPRECIATION

At 1 July 2015

28,671

Eliminated on disposal

(28,671

)

At 30 June 2016

-

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2