Company Registration No. 03225783 (England and Wales)
ABBEY (UK) LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
ABBEY (UK) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABBEY (UK) LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
Fixed assets
Tangible assets
2
123,586
123,586
Investments
2
747,344
747,344
870,930
870,930
Current assets
Debtors
817
817
Creditors: amounts falling due within one year
(155,818)
(155,818)
Net current liabilities
(155,001)
(155,001)
Total assets less current liabilities
715,929
715,929
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
715,829
715,829
Shareholders' funds
715,929
715,929
Audit exemption statement
For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 13 March 2017
Taskiran Kamer
Director
Company Registration No. 03225783
ABBEY (UK) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
1.4
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 August 2015 & at 31 July 2016
123,586
747,344
870,930
At 31 July 2015
123,586
747,344
870,930
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
0 of 0p each
100
100