Registered Number 04371870

ABS CATERING LIMITED

Abbreviated Accounts

28 February 2014

ABS CATERING LIMITED Registered Number 04371870

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 8,558 10,846
8,558 10,846
Current assets
Stocks 1,490 1,340
Debtors 7,940 7,613
Cash at bank and in hand 3,116 8,880
12,546 17,833
Creditors: amounts falling due within one year (25,194) (27,659)
Net current assets (liabilities) (12,648) (9,826)
Total assets less current liabilities (4,090) 1,020
Total net assets (liabilities) (4,090) 1,020
Capital and reserves
Called up share capital 6 6
Profit and loss account (4,096) 1,014
Shareholders' funds (4,090) 1,020
  • For the year ending 28 February 2014 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 November 2014

And signed on their behalf by:
Mrs.C.Jones, Director

ABS CATERING LIMITED Registered Number 04371870

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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 April 2008.

Turnover policy
Turnover represents amounts invoiced by the company in respect of services
provided during the year, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of tangible fixed assets by equal
instalments over their estimated useful lives at the following rates:

Equipment 25% on reducing basis
Van 25% on reducing basis
F + F 20% on reducing basis

2Tangible fixed assets
£
Cost
At 1 March 2013 25,665
Additions 560
Disposals -
Revaluations -
Transfers -
At 28 February 2014 26,225
Depreciation
At 1 March 2013 14,819
Charge for the year 2,848
On disposals -
At 28 February 2014 17,667
Net book values
At 28 February 2014 8,558
At 28 February 2013 10,846