A & B GENERAL (UK) LIMITED

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		8,803		6,120

			8,803		6,120
CURRENT ASSETS
Debtors		4,310		5,110
Cash at bank and in hand		89,072		89,612

		93,382		94,722
Creditors: Amounts Falling Due Within One Year		(87,653 )		(100,652 )

NET CURRENT ASSETS (LIABILITIES)			5,729		(5,930 )

TOTAL ASSETS LESS CURRENT LIABILITIES			14,532		190

NET ASSETS			14,532		190

CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and Loss Account			14,432		90

SHAREHOLDERS' FUNDS			14,532		190

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

Directors' responsibilities:

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 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 CHAKREE CHANKANA

26/11/2016

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 January 2015).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

33.33% straight line

2. Tangible Assets


	Total
Cost	£
As at 1 July 2015	27,456
Additions	9,191

As at 30 June 2016	36,647

Depreciation
As at 1 July 2015	21,336
Provided during the period	6,508

As at 30 June 2016	27,844

Net Book Value
As at 30 June 2016	8,803

As at 1 July 2015	6,120

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

4. Transactions With and Loans to Directors

Dividends paid to directors

5. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.