Able Skips Ltd

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 07171148

		2018		2017
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		16,625		16,625

			16,625		16,625
CURRENT ASSETS
Cash at bank and in hand		114		114

		114		114
Creditors: Amounts Falling Due Within One Year		(21,435 )		(21,435 )

NET CURRENT ASSETS (LIABILITIES)			(21,321 )		(21,321 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,696 )		(4,696 )

NET ASSETS			(4,696 )		(4,696 )

CAPITAL AND RESERVES
Called up share capital	3		1		1
Profit and Loss Account			(4,697 )		(4,697 )

SHAREHOLDERS' FUNDS			(4,696)		(4,696)

Page 1

Able Skips Ltd

Balance Sheet (continued)

As at 28 February 2018

For the year ending 28 February 2018 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 accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Colin Muscroft

29/10/2018

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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. 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

Nil - Suspended whilst dormant

2. Tangible Assets


	Plant & Machinery
	£
Cost
As at 1 March 2017	20,781

As at 28 February 2018	20,781

Depreciation
As at 1 March 2017	4,156

As at 28 February 2018	4,156

Net Book Value
As at 28 February 2018	16,625

As at 1 March 2017	16,625

3. Share Capital

	2018		2017
Allotted, Called up and fully paid	1		1