Registered Number 05783530
ABUNDANT LIFE LTD
Abbreviated Accounts
29 April 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Computer equipment (25% straight line)
Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Revenue recognition
Revenue is recognised as earned income when, and to the extent that, the company obtains the right to consideration in exchange for services it has provided.
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
£ | |
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Cost | |
At 30 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 29 April 2016 |
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Depreciation | |
At 30 April 2015 |
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Charge for the year |
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On disposals |
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At 29 April 2016 |
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Net book values | |
At 29 April 2016 | 199 |
At 29 April 2015 | 398 |