Abbreviated Company Accounts - ABBEYWOOD DESIGN LTD

07156756 ABBEYWOOD DESIGN LTD 2014-02-28 false 2013-03-01 2014-02-28 true 07156756 2013-03-01 2014-02-28 07156756 2014-02-28 07156756 2013-02-28 07156756 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 07156756 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 07156756

ABBEYWOOD DESIGN LTD

Abbreviated Accounts

28 February 2014

ABBEYWOOD DESIGN LTD Registered Number 07156756

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	17,985	26,844
		17,985	26,844
Current assets
Cash at bank and in hand		956	-
		956	-
Creditors: amounts falling due within one year		(7,702)	(6,431)
Net current assets (liabilities)		(6,746)	(6,431)
Total assets less current liabilities		11,239	20,413
Provisions for liabilities		(3,597)	(4,655)
Total net assets (liabilities)		7,642	15,758
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		7,641	15,757
Shareholders' funds		7,642	15,758

For the year ending 28 February 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 12 September 2015

And signed on their behalf by:
Mr Adrian Gerwyn Thomas Jones, Director

ABBEYWOOD DESIGN LTD Registered Number 07156756

Notes to the Abbreviated Accounts for the period ended 28 February 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate

Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Computer equipment 3 years straight line

2Tangible fixed assets

	£
Cost
At 1 March 2013	50,120
Additions	-
Disposals	(4,800)
Revaluations	-
Transfers	-
At 28 February 2014	45,320
Depreciation
At 1 March 2013	23,276
Charge for the year	6,059
On disposals	(2,000)
At 28 February 2014	27,335
Net book values
At 28 February 2014	17,985
At 28 February 2013	26,844

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1