Registered Number SC300265

AB LANDSCAPING LTD.

Abbreviated Accounts

30 April 2016

AB LANDSCAPING LTD. Registered Number SC300265

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 - 20,000
Tangible assets 3 50,469 54,575
50,469 74,575
Current assets
Stocks 16,664 19,493
Debtors - 8,613
Cash at bank and in hand 62,342 33,956
79,006 62,062
Creditors: amounts falling due within one year (118,891) (117,056)
Net current assets (liabilities) (39,885) (54,994)
Total assets less current liabilities 10,584 19,581
Provisions for liabilities (9,990) (10,788)
Total net assets (liabilities) 594 8,793
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 592 8,791
Shareholders' funds 594 8,793
  • For the year ending 30 April 2016 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 25 January 2017

And signed on their behalf by:
Mr Alan Baxter, Director

AB LANDSCAPING LTD. Registered Number SC300265

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible Fixed Assets are stated at cost or valuation less depreciation.
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 bases :
Plant & Machinery 15% on reducing balance
Fixtures, Fittings & Equipment 15% on reducing balance
Motor Vehicles 25% on reducing balance

Intangible assets amortisation policy
Goodwill is being amortised evenly over its estimated useful life of ten years.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items.

Other accounting policies
Taxation
The charge for taxation is based on the profit for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Provision is made for deferred tax only to the extent that it is probable that an actual liability will crystallise.

2Intangible fixed assets
£
Cost
At 1 May 2015 200,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 200,000
Amortisation
At 1 May 2015 180,000
Charge for the year 20,000
On disposals -
At 30 April 2016 200,000
Net book values
At 30 April 2016 0
At 30 April 2015 20,000
3Tangible fixed assets
£
Cost
At 1 May 2015 100,756
Additions 4,320
Disposals -
Revaluations -
Transfers -
At 30 April 2016 105,076
Depreciation
At 1 May 2015 46,181
Charge for the year 8,426
On disposals -
At 30 April 2016 54,607
Net book values
At 30 April 2016 50,469
At 30 April 2015 54,575
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2