Registered Number 04945605

ABARCO LIMITED

Abbreviated Accounts

31 December 2014

ABARCO LIMITED Registered Number 04945605

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 10,263 12,567
10,263 12,567
Current assets
Debtors 10,022 14,332
Cash at bank and in hand 3,772 5,316
13,794 19,648
Net current assets (liabilities) 13,794 19,648
Total assets less current liabilities 24,057 32,215
Creditors: amounts falling due after more than one year (23,898) (31,851)
Total net assets (liabilities) 159 364
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 59 264
Shareholders' funds 159 364
  • For the year ending 31 December 2014 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 29 September 2015

And signed on their behalf by:
P J Mitchell, Director

ABARCO LIMITED Registered Number 04945605

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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
Plant and machinery - 15% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 31,115
Additions 483
Disposals -
Revaluations -
Transfers -
At 31 December 2014 31,598
Depreciation
At 1 January 2014 18,548
Charge for the year 2,787
On disposals -
At 31 December 2014 21,335
Net book values
At 31 December 2014 10,263
At 31 December 2013 12,567
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100