REGISTERED NUMBER: 06707281 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 October 2012 to 31 December 2013

for

ABC INSOLVENCY SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Belk

REGISTERED OFFICE:

63-65 Chesterfield Road

Heeley

Sheffield

South Yorkshire

S8 0RL

REGISTERED NUMBER:

06707281 (England and Wales)

ACCOUNTANTS:

J A Robinson Chartered Accountants

9 Dobcroft Close

Sheffield

South Yorkshire

FIXED ASSETS

Tangible assets

2

4,743

819

CURRENT ASSETS

Stocks

30,000

-

Debtors

49,096

23,215

Cash at bank

3,387

1,741

82,483

24,956

CREDITORS

Amounts falling due within one year

78,435

8,537

NET CURRENT ASSETS

4,048

16,419

TOTAL ASSETS LESS CURRENT LIABILITIES

8,791

17,238

CREDITORS

Amounts falling due after more than one year

6,069

13,505

NET ASSETS

2,722

3,733

CAPITAL AND RESERVES

Called up share capital

3

100

1

Profit and loss account

2,622

3,732

SHAREHOLDERS' FUNDS

2,722

3,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 September 2014 and were signed by:

G Belk - 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 April 2008).

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.

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2012

3,164

Additions

5,803

At 31 December 2013

8,967

DEPRECIATION

At 1 October 2012

2,345

Charge for period

1,879

At 31 December 2013

4,224

NET BOOK VALUE

At 31 December 2013

4,743

At 30 September 2012

819

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

30.9.12

value:

£

£

1

Ordinary

£1

100

1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2013 and the

year ended 30 September 2012:

31.12.13

30.9.12

£

£

M S Davies

Balance outstanding at start of period

-

-

Amounts advanced

20,364

-

Amounts repaid

(12,000

)

-

Balance outstanding at end of period

8,364

-

G Belk

Balance outstanding at start of period

-

-

Amounts advanced

27,268

-

Amounts repaid

(23,800

)

-

Balance outstanding at end of period

3,468

-