Abbreviated Company Accounts - ABBOTS MEAD LIMITED

04798496 ABBOTS MEAD LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 04798496 2015-07-01 2016-06-30 04798496 2016-06-30 04798496 2015-06-30 04798496 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 04798496 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 04798496

ABBOTS MEAD LIMITED

Abbreviated Accounts

30 June 2016

ABBOTS MEAD LIMITED Registered Number 04798496

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	36,956	25,524
		36,956	25,524
Current assets
Stocks		10,000	10,000
Debtors		41,052	57,099
Investments		175,000	-
Cash at bank and in hand		132,481	197,258
		358,533	264,357
Creditors: amounts falling due within one year		(201,325)	(177,581)
Net current assets (liabilities)		157,208	86,776
Total assets less current liabilities		194,164	112,300
Creditors: amounts falling due after more than one year		(17,679)	(5,631)
Total net assets (liabilities)		176,485	106,669
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		176,483	106,667
Shareholders' funds		176,485	106,669

For the year ending 30 June 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 30 March 2017

And signed on their behalf by:
Mike Jones, Director

ABBOTS MEAD LIMITED Registered Number 04798496

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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 January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2015	40,516
Additions	33,567
Disposals	(10,000)
Revaluations	-
Transfers	-
At 30 June 2016	64,083
Depreciation
At 1 July 2015	14,992
Charge for the year	12,135
On disposals	-
At 30 June 2016	27,127
Net book values
At 30 June 2016	36,956
At 30 June 2015	25,524

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2