REGISTERED NUMBER: 02260376 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

ABBEY VEHICLE CONTRACTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Lammas

Mrs H Lammas

SECRETARY:

D Lammas

REGISTERED OFFICE:

406 Birmingham Road

Bromsgrove

Worcestershire

B61 0HL

REGISTERED NUMBER:

02260376 (England and Wales)

ACCOUNTANTS:

D.J. Beer & Co

335 Jockey Road

Sutton Coldfield

West Midlands

B73 5XE

FIXED ASSETS

Tangible assets

4

451

135

CURRENT ASSETS

Stocks

59,622

34,950

Debtors

5

6,137

-

Cash at bank

56,410

33,164

122,169

68,114

CREDITORS

Amounts falling due within one year

6

92,374

45,260

NET CURRENT ASSETS

29,795

22,854

TOTAL ASSETS LESS CURRENT LIABILITIES

30,246

22,989

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

27,246

19,989

SHAREHOLDERS' FUNDS

30,246

22,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 September 2017 and were signed on its behalf by:

D Lammas - Director

1.	STATUTORY INFORMATION

ABBEY VEHICLE CONTRACTS LIMITED is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

and 30 April 2017

32,837

DEPRECIATION

At 1 May 2016

32,702

Charge for year

(316

)

At 30 April 2017

32,386

NET BOOK VALUE

At 30 April 2017

451

At 30 April 2016

135

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

4,772

-

Other debtors

1,365

-

6,137

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

73,593

20,451

Taxation and social security

1,909

4,911

Other creditors

16,872

19,898

92,374

45,260