Abate Asbestos Surveyors Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC265420 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended

31 March 2016

for

ABATE ASBESTOS SURVEYORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Murray

N Barnett

REGISTERED OFFICE:

272 Bath Street

Glasgow

G2 4JR

REGISTERED NUMBER:

SC265420 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

CURRENT ASSETS

Debtors

65,762

62,126

Cash at bank

29,090

2,319

94,852

64,445

CREDITORS

Amounts falling due within one year

(35,045

)

(32,867

)

NET CURRENT ASSETS

59,807

31,578

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,807

31,578

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

59,707

31,478

SHAREHOLDERS' FUNDS

59,807

31,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2016 and were signed on its
behalf by:

N Barnett - Director

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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Provision is made for deferred taxation in so far as a liability or asset arose as a result of transactions

that had occurred by the balance sheet date and gave rise to an obligation to pay more tax in the future, or

a right to pay less tax in the future with the following exception: Deferred tax assets are recognised only

to the extent that the Directors consider that it is more likely than not that there will be suitable taxable

profits from which the future reversal of the underlying timing differences can be deducted. Deferred

tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

356

DEPRECIATION

At 1 April 2015

and 31 March 2016

356

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100