Abbreviated Company Accounts - AB INITIO (UK) LIMITED

06913264 AB INITIO (UK) LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 06913264 2014-06-01 2015-05-31 06913264 2015-05-31 06913264 2014-05-31 06913264 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06913264 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 06913264

AB INITIO (UK) LIMITED

Abbreviated Accounts

31 May 2015

AB INITIO (UK) LIMITED Registered Number 06913264

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,427	4,039
		4,427	4,039
Current assets
Debtors		8,439	600
Cash at bank and in hand		28,060	28,447
		36,499	29,047
Creditors: amounts falling due within one year		(38,778)	(30,220)
Net current assets (liabilities)		(2,279)	(1,173)
Total assets less current liabilities		2,148	2,866
Total net assets (liabilities)		2,148	2,866
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		2,147	2,865
Shareholders' funds		2,148	2,866

For the year ending 31 May 2015 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 25 April 2016

And signed on their behalf by:
MR B MOORE, Director

AB INITIO (UK) LIMITED Registered Number 06913264

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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
The Turnover shown in the Profit and Loss Account represents amounts invoiced during the year exclusive of VAT and trade discounts.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the economic life of that asset ,as follows:Office Equipment 20% reducing balance, Plant and machinery 20% reducing balance.

2Tangible fixed assets

	£
Cost
At 1 June 2014	5,704
Additions	1,495
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	7,199
Depreciation
At 1 June 2014	1,665
Charge for the year	1,107
On disposals	-
At 31 May 2015	2,772
Net book values
At 31 May 2015	4,427
At 31 May 2014	4,039

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

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1