Registered Number 06263995

ABC TECHNICAL SUPPORT LIMITED

Abbreviated Accounts

31 May 2016

ABC TECHNICAL SUPPORT LIMITED Registered Number 06263995

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 26,620 17,582
26,620 17,582
Current assets
Debtors 36,354 20,413
Cash at bank and in hand 1,706 10,469
38,060 30,882
Creditors: amounts falling due within one year (48,102) (54,800)
Net current assets (liabilities) (10,042) (23,918)
Total assets less current liabilities 16,578 (6,336)
Provisions for liabilities (5,008) (3,131)
Total net assets (liabilities) 11,570 (9,467)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 11,569 (9,468)
Shareholders' funds 11,570 (9,467)
  • For the year ending 31 May 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 24 April 2017

And signed on their behalf by:
Jonathan Risbey, Director

ABC TECHNICAL SUPPORT LIMITED Registered Number 06263995

Notes to the Abbreviated Accounts for the period ended 31 May 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 comprises the value of services supplied by the company.
Turnover is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles reducing balance 25%
Equipment straight line 20%
Motor Cars reducing balance 25%

Other accounting policies
Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

2Tangible fixed assets
£
Cost
At 1 June 2015 50,896
Additions 19,550
Disposals -
Revaluations -
Transfers -
At 31 May 2016 70,446
Depreciation
At 1 June 2015 33,314
Charge for the year 10,512
On disposals -
At 31 May 2016 43,826
Net book values
At 31 May 2016 26,620
At 31 May 2015 17,582
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1