Registered Number 04366757

ABYCAPITAL LTD

Abbreviated Accounts

28 February 2014

ABYCAPITAL LTD Registered Number 04366757

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 3,556 4,256
Tangible assets 3 16,373 27,247
19,929 31,503
Current assets
Stocks 32,000 27,453
Debtors 47,991 66,000
Cash at bank and in hand 15,000 14,326
94,991 107,779
Creditors: amounts falling due within one year (7,870) (29,551)
Net current assets (liabilities) 87,121 78,228
Total assets less current liabilities 107,050 109,731
Creditors: amounts falling due after more than one year (21,000) (44,286)
Total net assets (liabilities) 86,050 65,445
Capital and reserves
Called up share capital 200 200
Profit and loss account 85,850 65,245
Shareholders' funds 86,050 65,445
  • For the year ending 28 February 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 1 November 2014

And signed on their behalf by:
Mark Blackaby, Director

ABYCAPITAL LTD Registered Number 04366757

Notes to the Abbreviated Accounts for the period ended 28 February 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
Net of VAT

Tangible assets depreciation policy
20% reducing balance

Intangible assets amortisation policy
over 10 years

2Intangible fixed assets
£
Cost
At 1 March 2013 8,437
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 8,437
Amortisation
At 1 March 2013 4,181
Charge for the year 700
On disposals -
At 28 February 2014 4,881
Net book values
At 28 February 2014 3,556
At 28 February 2013 4,256

.

3Tangible fixed assets
£
Cost
At 1 March 2013 54,081
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2014 54,081
Depreciation
At 1 March 2013 26,834
Charge for the year 10,874
On disposals -
At 28 February 2014 37,708
Net book values
At 28 February 2014 16,373
At 28 February 2013 27,247

.