Abbreviated Company Accounts - ABBA CARS (HIGH WYCOMBE) LIMITED

07152355 ABBA CARS (HIGH WYCOMBE) LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 07152355 2015-03-01 2016-02-28 07152355 2016-02-28 07152355 2015-02-28 07152355 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 07152355 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 07152355

ABBA CARS (HIGH WYCOMBE) LIMITED

Abbreviated Accounts

28 February 2016

ABBA CARS (HIGH WYCOMBE) LIMITED Registered Number 07152355

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	116,366	86,191
		116,366	86,191
Current assets
Cash at bank and in hand		1,638	23,952
		1,638	23,952
Creditors: amounts falling due within one year		(115,337)	(105,293)
Net current assets (liabilities)		(113,699)	(81,341)
Total assets less current liabilities		2,667	4,850
Total net assets (liabilities)		2,667	4,850
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		2,666	4,849
Shareholders' funds		2,667	4,850

For the year ending 28 February 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 22 November 2016

And signed on their behalf by:
GHALIB HUSSAIN, Director

ABBA CARS (HIGH WYCOMBE) LIMITED Registered Number 07152355

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2008).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset(if any), on reducing balance method.

2Tangible fixed assets

	£
Cost
At 1 March 2015	207,092
Additions	59,266
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	266,358
Depreciation
At 1 March 2015	120,901
Charge for the year	29,091
On disposals	-
At 28 February 2016	149,992
Net book values
At 28 February 2016	116,366
At 28 February 2015	86,191

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

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1