Registered Number 03339804

ABLEDEAL LIMITED

Abbreviated Accounts

28 February 2012

ABLEDEAL LIMITED Registered Number 03339804

Abbreviated Balance Sheet as at 28 February 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 3,750 4,250
Tangible assets 3 - 1,273
3,750 5,523
Current assets
Debtors 19,191 41,210
Cash at bank and in hand - 1
19,191 41,211
Creditors: amounts falling due within one year (106,998) (108,364)
Net current assets (liabilities) (87,807) (67,153)
Total assets less current liabilities (84,057) (61,630)
Total net assets (liabilities) (84,057) (61,630)
Capital and reserves
Called up share capital 101 101
Profit and loss account (84,158) (61,731)
Shareholders' funds (84,057) (61,630)
  • For the year ending 28 February 2012 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 10 July 2013

And signed on their behalf by:
T H Luckett, Director

ABLEDEAL LIMITED Registered Number 03339804

Notes to the Abbreviated Accounts for the period ended 28 February 2012

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 net invoiced sales, excluding VAT

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of the business in 1999, is being amortised over its estimated useful life of twenty years

2Intangible fixed assets
£
Cost
At 1 March 2011 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2012 10,000
Amortisation
At 1 March 2011 5,750
Charge for the year 500
On disposals -
At 28 February 2012 6,250
Net book values
At 28 February 2012 3,750
At 28 February 2011 4,250
3Tangible fixed assets
£
Cost
At 1 March 2011 19,125
Additions 2,156
Disposals -
Revaluations -
Transfers -
At 28 February 2012 21,281
Depreciation
At 1 March 2011 17,852
Charge for the year 3,429
On disposals -
At 28 February 2012 21,281
Net book values
At 28 February 2012 0
At 28 February 2011 1,273