| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2016 |
| for |
| ABLE ACCOUNTS LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 October 2016 |
| for |
| ABLE ACCOUNTS LIMITED |
| ABLE ACCOUNTS LIMITED (REGISTERED NUMBER: 07050537) |
| Contents of the Financial Statements |
| for the year ended 31 October 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ABLE ACCOUNTS LIMITED |
| Company Information |
| for the year ended 31 October 2016 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| ABLE ACCOUNTS LIMITED (REGISTERED NUMBER: 07050537) |
| Balance Sheet |
| 31 October 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 2 |
| Current assets |
| Debtors | 3 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 4 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) |
| Capital and reserves |
| Called up share capital | 5 |
| Profit and loss account | 6 | ( |
) |
| Shareholders' funds | ( |
) |
| The director acknowledges her 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 were approved by the director on |
| ABLE ACCOUNTS LIMITED (REGISTERED NUMBER: 07050537) |
| Notes to the Financial Statements |
| for the year ended 31 October 2016 |
| 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). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| 2. | Tangible fixed assets |
| Computer |
| equipment |
| £ |
| Cost |
| At 1 November 2015 |
| Additions |
| At 31 October 2016 |
| Depreciation |
| At 1 November 2015 |
| Charge for year |
| At 31 October 2016 |
| Net book value |
| At 31 October 2016 |
| At 31 October 2015 |
| 3. | Debtors: amounts falling due within one year |
| 2016 | 2015 |
| £ | £ |
| Other debtors |
| 4. | Creditors: amounts falling due within one year |
| 2016 | 2015 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 5. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| ABLE ACCOUNTS LIMITED (REGISTERED NUMBER: 07050537) |
| Notes to the Financial Statements - continued |
| for the year ended 31 October 2016 |
| 6. | Reserves |
| Profit and |
| loss |
| account |
| £ |
| At 1 November 2015 |
| Deficit for the year | ( |
) |
| At 31 October 2016 | ( |
) |
| 7. | Director's advances, credits and guarantees |
| Included in other debtors due within one year is an amount of £13,629 (2016 £27,504) due to the company by |
| the director Ms S Child. Interest is being charged at 3% on the overdrawn balance. |
| 8. | Ultimate controlling party |
| The company is controlled by the director. |