Abishot Mouldings Ltd

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	2		25,000		25,000
Tangible Assets	3		12,725		16,254

			37,725		41,254
CURRENT ASSETS
Stocks		29,355		28,776
Debtors		116,494		153,643
Cash at bank and in hand		7,915		6,586

		153,764		189,005
Creditors: Amounts Falling Due Within One Year		(58,346 )		(80,194 )

NET CURRENT ASSETS (LIABILITIES)			95,418		108,811

TOTAL ASSETS LESS CURRENT LIABILITIES			133,143		150,065

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,867 )		(2,424 )

NET ASSETS			131,276		147,641

CAPITAL AND RESERVES
Called up share capital	4		1,000		1,000
Share premium account			145,235		145,235
Profit and Loss Account			(14,959 )		1,406

SHAREHOLDERS' FUNDS			131,276		147,641

Company No. 03207634

Abbreviated Balance Sheet (continued) 30 September 2016

For the year ending 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Ian Golding

19th June 2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

1.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisation of the business in 1988, is not being amortised.

1.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off the cost of each asset over its expected useful life.

Plant & Machinery	20% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	33% on reducing balance

2. Intangible Assets


	Total
Cost	£
As at 1 October 2015	25,000

As at 30 September 2016	25,000

Net Book Value
As at 30 September 2016	25,000

As at 1 October 2015	25,000

3. Tangible Assets


	Total
Cost	£
As at 1 October 2015	267,477

As at 30 September 2016	267,477

Depreciation
As at 1 October 2015	251,223
Provided during the period	3,529

As at 30 September 2016	254,752

Net Book Value
As at 30 September 2016	12,725

As at 1 October 2015	16,254

Page 2

Abishot Mouldings Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 September 2016

4. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1	1000	1,000	1,000

5. Ultimate Controlling Party

The company's ultimate controlling party is Mr Ian Golding by virtue of his ownership of 100% of the issued share capital in the company including family interests.