| Abbey Transmission Services Limited |
For the year ended 30 September 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 01386505
Abbey Transmission Services Limited
For the year ended 30 September 2016
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
| Abbreviated Balance Sheet |
Abbey Transmission Services Limited
2016
2015
2
72,582
71,742
72,582
71,742
1,775
3,125
10,304
5,241
33,268
34,198
41,634
46,277
| Creditors: amounts falling due within one year |
(117,881)
(111,521)
(71,604)
(69,887)
Net current liabilities
| Total assets less current liabilities |
2,695
138
2,695
Net assets
138
100
3
100
2,595
38
2,695
138
Shareholders funds
| For the year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) The director acknowledges his 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. |
| Date approved by the board: 20 June 2017 |
| Albert William Lashmar Director |
| Signed on behalf of the board of directors |
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| Notes to the Abbreviated Financial Statements |
Abbey Transmission Services Limited
For the year ended 30 September 2016
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Motor Vehicles
Fixtures and Fittings
| No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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| Notes to the Abbreviated Financial Statements |
Abbey Transmission Services Limited
For the year ended 30 September 2016
288,868
21,196
310,064
217,126
20,356
Charge for year
237,482
72,582
71,742
| 1,000 Ordinary shares of £1.00 each |
| Allotted called up and fully paid |
2016
2015
| 100 Ordinary shares of £1.00 each |
100
100
100
100
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