Abbreviated Company Accounts - ABBEY V. S. LIMITED

05585877 ABBEY V. S. LIMITED 2016-12-31 false 2015-11-01 2016-12-31 true 05585877 2015-11-01 2016-12-31 05585877 2016-12-31 05585877 2015-10-31 05585877 uk-gaap-cd-bus:Director1 2015-11-01 2016-12-31 05585877 uk-gaap-cd-bus:Director2 2015-11-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 05585877

ABBEY V. S. LIMITED

Abbreviated Accounts

31 December 2016

ABBEY V. S. LIMITED Registered Number 05585877

Abbreviated Balance Sheet as at 31 December 2016

	Notes	31/12/2016	31/10/2015
		£	£
Fixed assets
Tangible assets	2	3,500	3,500
		3,500	3,500
Current assets
Stocks		125	125
Debtors		32	32
Cash at bank and in hand		7,080	7,080
		7,237	7,237
Creditors: amounts falling due within one year		(13,430)	(13,430)
Net current assets (liabilities)		(6,193)	(6,193)
Total assets less current liabilities		(2,693)	(2,693)
Total net assets (liabilities)		(2,693)	(2,693)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(2,694)	(2,694)
Shareholders' funds		(2,693)	(2,693)

For the year ending 31 December 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 31 December 2016

And signed on their behalf by:
VIRGIL SIMEONE, Director

ABBEY V. S. LIMITED Registered Number 05585877

Notes to the Abbreviated Accounts for the period ended 31 December 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.

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.

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 follows:

Fixtures, fittings and equipment - 15% reducing balance
Motor Vehicle - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	33,074
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	33,074
Depreciation
At 1 November 2015	29,574
Charge for the year	-
On disposals	-
At 31 December 2016	29,574
Net book values
At 31 December 2016	3,500
At 31 October 2015	3,500

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

	31/12/2016 £	31/10/2015 £
1 Ordinary share of £1 each	1	1