Micro-entity Accounts - ABW AIR CONDITIONING LIMITED

06323671 ABW AIR CONDITIONING LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 06323671 2016-04-01 2017-03-31 06323671 2017-03-31 06323671 2016-03-31 06323671 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 06323671 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 06323671 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 iso4217:GBP shares

Registered Number 06323671

ABW AIR CONDITIONING LIMITED

Micro-entity Accounts

31 March 2017

ABW AIR CONDITIONING LIMITED Registered Number 06323671

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Intangible assets	1	60,000	60,000
Tangible assets	2	7,390	8,694
		67,390	68,694
Current assets
Stocks		5,000	5,000
Debtors		123,916	285,676
		128,916	290,676
Creditors: amounts falling due within one year		(196,095)	(356,010)
Net current assets (liabilities)		(67,179)	(65,334)
Total assets less current liabilities		211	3,360
Total net assets (liabilities)		211	3,360
Capital and reserves
Called up share capital		100	100
Profit and loss account		111	3,260
Shareholders' funds		211	3,360

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 December 2017

And signed on their behalf by:
Mr Gregg Wilson, Director
Mr Lee Leslie Breslan, Director

ABW AIR CONDITIONING LIMITED Registered Number 06323671

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Intangible fixed assets

	£
Cost
At 1 April 2016	60,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	60,000
Amortisation
At 1 April 2016	-
Charge for the year	-
On disposals	-
At 31 March 2017	-
Net book values
At 31 March 2017	60,000
At 31 March 2016	60,000

2Tangible fixed assets

	£
Cost
At 1 April 2016	26,252
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	26,252
Depreciation
At 1 April 2016	17,558
Charge for the year	1,304
On disposals	-
At 31 March 2017	18,862
Net book values
At 31 March 2017	7,390
At 31 March 2016	8,694

3Accounting Policies

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the cost incurred or to be incurred in respect of the transactions can be measured reliably.