REGISTERED NUMBER: 06434866 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

ABBEYMEAD BUILDING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R J McCarthy

Mrs V J McCarthy

SECRETARY:

V Mccarthy

REGISTERED OFFICE:

C/O Braham Noble Denholm & Co

York House

Empire Way

Wembley

Middlesex

HA9 0PA

REGISTERED NUMBER:

06434866 (England and Wales)

ACCOUNTANTS:

Braham Noble Denholm & Co.

York House

Empire Way

Wembley

Middlesex

HA9 0PA

FIXED ASSETS

Tangible assets

2

48,961

686

CURRENT ASSETS

Stocks

275,533

156,926

Debtors

82,214

524,685

Cash at bank

272,077

35,645

629,824

717,256

CREDITORS

Amounts falling due within one year

327,844

465,651

NET CURRENT ASSETS

301,980

251,605

TOTAL ASSETS LESS CURRENT LIABILITIES

350,941

252,291

CREDITORS

Amounts falling due after more than one year

143,154

105,700

NET ASSETS

207,787

146,591

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

206,787

145,591

SHAREHOLDERS' FUNDS

207,787

146,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 April 2017 and were signed on its behalf by:

R J McCarthy - Director

Mrs V J McCarthy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33.3% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

33,877

Additions

63,254

At 30 November 2016

97,131

DEPRECIATION

At 1 December 2015

33,191

Charge for year

14,979

At 30 November 2016

48,170

NET BOOK VALUE

At 30 November 2016

48,961

At 30 November 2015

686

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,000

Ordinary share

£1

1,000

1,000