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A-B Train Ltd
Registered Number:07180783
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2017
A-B Train Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2017
A-B Train Ltd
Statement of Financial Position
Registered Number :
07180783
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
285
425
2
285
425
Current assets
Trade and other receivables
7,544
757
3
397
Cash and cash equivalents
100
857
7,941
Trade and other payables: amounts falling due within one
year
(3,293)
(2,935)
4
4,648
(2,078)
Net current liabilities
Total assets less current liabilities
(1,793)
5,073
(1,793)
Net assets/liabilities
5,073
Capital and reserves
Called up share capital
1
1
Retained earnings
(1,794)
5,072
(1,793)
5,073
Shareholders' funds
For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Mr David Bate Director
These financial statements were approved and authorised for issue by the Board on 13 January 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2017
A-B Train Ltd
Notes to the Financial Statements
Statutory Information
A-B Train Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07180783.
Registered address:
453a Littleworth Road
Cannock
Staffordshire
WS12 1HZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Reducing balance
Computer equipment
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 April 2016
5,118
At 31 March 2017
5,118
Provision for depreciation and impairment
At 01 April 2016
4,693
Charge for year
140
At 31 March 2017
4,833
At 31 March 2017
Net book value
285
At 31 March 2016
425
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5
For the year ended 31 March 2017
A-B Train Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
757
7,544
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
1,990
1,990
Other creditors
945
1,303
2,935
3,293
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