Abbreviated Company Accounts - ABBEY LUMBER (U.K) LIMITED

NI024470 ABBEY LUMBER (U.K) LIMITED 2013-04-30 false 2012-05-01 2013-04-30 true NI024470 2012-05-01 2013-04-30 NI024470 2013-04-30 NI024470 2012-04-30 NI024470 uk-gaap-cd-bus:Director1 2012-05-01 2013-04-30 NI024470 uk-gaap-cd-bus:Director2 2012-05-01 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-05-01 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-30 iso4217:GBP shares

Registered Number NI024470

ABBEY LUMBER (U.K) LIMITED

Abbreviated Accounts

30 April 2013

ABBEY LUMBER (U.K) LIMITED Registered Number NI024470

Abbreviated Balance Sheet as at 30 April 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	-	376
		-	376
Current assets
Stocks		36,016	31,719
Debtors	3	21,121	24,206
Cash at bank and in hand		7,215	24,334
		64,352	80,259
Creditors: amounts falling due within one year		(25,707)	(42,317)
Net current assets (liabilities)		38,645	37,942
Total assets less current liabilities		38,645	38,318
Creditors: amounts falling due after more than one year		0	0
Accruals and deferred income		(2,709)	(3,075)
Total net assets (liabilities)		35,936	35,243
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		35,836	35,143
Shareholders' funds		35,936	35,243

For the year ending 30 April 2013 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 22 November 2013

And signed on their behalf by:
Peter Wilson, Director
Philip Roche, Director

ABBEY LUMBER (U.K) LIMITED Registered Number NI024470

Notes to the Abbreviated Accounts for the period ended 30 April 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with generally accepted accounting principles under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation. The charge for depreciation is calculated to write down the cost of assets to their estimated residual values by equal annual instalments over their expected useful lives, which are as follows:-

Fixtures, fittings and equipment - 12.5% Straight line

Other accounting policies
Stocks:

Stocks are valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2012	3,036
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2013	3,036
Depreciation
At 1 May 2012	2,660
Charge for the year	376
On disposals	-
At 30 April 2013	3,036
Net book values
At 30 April 2013	0
At 30 April 2012	376

3Debtors

	2013 £	2012 £
Debtors include the following amounts due after more than one year	0	0

Amounts falling due within one year (2013) 21,121, (2012) 24,206

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100

Total authorised share capital 10,000 ordinary shares of £1.00 each