Registered Number 06490438

ABHAI PROJECTS LIMITED

Abbreviated Accounts

31 January 2014

ABHAI PROJECTS LIMITED Registered Number 06490438

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,029 2,537
2,029 2,537
Current assets
Stocks 2,420 3,758
Debtors 774 1,548
Cash at bank and in hand 2,853 3,678
6,047 8,984
Net current assets (liabilities) 6,047 8,984
Total assets less current liabilities 8,076 11,521
Creditors: amounts falling due after more than one year (7,958) (11,366)
Total net assets (liabilities) 118 155
Capital and reserves
Called up share capital 100 100
Revaluation reserve 18 55
Shareholders' funds 118 155
  • For the year ending 31 January 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 29 October 2014

And signed on their behalf by:
Abhai Shah, Director

ABHAI PROJECTS LIMITED Registered Number 06490438

Notes to the Abbreviated Accounts for the period ended 31 January 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 the invoice value, excluding value added tax, of sales made during the year,

Tangible assets depreciation policy
Plant and machinery 20% reducing balance
Fixtures, fittings and equipment 20% reducing value

2Tangible fixed assets
£
Cost
At 1 February 2013 6,157
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2014 6,157
Depreciation
At 1 February 2013 3,620
Charge for the year 508
On disposals -
At 31 January 2014 4,128
Net book values
At 31 January 2014 2,029
At 31 January 2013 2,537