REGISTERED NUMBER: 04250054 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ABBEY TRAVEL COACH HIRE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Pinkney

Mrs C Pinkney

SECRETARY:

G H Pinkney

REGISTERED OFFICE:

Yard 1

Foster Street

Stoneferry

Hull

East Yorkshire

HU8 8BT

REGISTERED NUMBER:

04250054 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Business Advisors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

-

Intangible assets

2

-

144,254

Tangible assets

3

159,492

144,254

159,492

CURRENT ASSETS

1,365

Stocks

1,386

12,865

Debtors

10,476

8,906

Cash at bank and in hand

9,881

23,136

21,743

CREDITORS

90,363

Amounts falling due within one year

67,736

(67,227

)

NET CURRENT LIABILITIES

(45,993

)

77,027

TOTAL ASSETS LESS CURRENT LIABILITIES

113,499

CREDITORS

75,546

Amounts falling due after more than one year

94,463

1,481

NET ASSETS

19,036

CAPITAL AND RESERVES

100

Called up share capital

4

100

1,381

Profit and loss account

18,936

1,481

SHAREHOLDERS' FUNDS

19,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 16 May 2017 and were signed on its behalf by:

G Pinkney - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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

-

20% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

60,000

AMORTISATION

At 1 September 2015

and 31 August 2016

60,000

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

276,269

Additions

122,500

Disposals

(131,500

)

At 31 August 2016

267,269

DEPRECIATION

At 1 September 2015

132,015

Charge for year

33,074

Eliminated on disposal

(57,312

)

At 31 August 2016

107,777

NET BOOK VALUE

At 31 August 2016

159,492

At 31 August 2015

144,254

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

100

Ordinary

£1

100

100