2014-01-01 true false Private Limited Company 06395732 2014-12-31 06395732 2014-01-01 2014-12-31 06395732 2013-12-31 06395732 2012-11-01 2013-12-31 06395732 uk-bus:Director1 2014-01-01 2014-12-31 06395732 uk-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP
A & B Promotions Ltd
For the year ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06395732
2
Contents Page
A & B Promotions Ltd
For the year ended 31 December 2014
1
Accountant's Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
A & B Promotions Ltd
Accountant's Report
For the year ended 31 December 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 December 2014 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
JP Consultants (London) ltd
786 Harrow Road
Wembley
Middlesex
HA0 3EL
30 September 2015
Dated:
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4
Abbreviated Balance Sheet
A & B Promotions Ltd
As at 31 December 2014
06395732
Registered Number :
£
£
2014
Notes
2013
Current assets
Debtors
2
160
10
Cash at bank and in hand
1,337
136
1,347
296
Creditors: amounts falling due within one year
(4,290)
(8,476)
(3,994)
(7,129)
Net current liabilities
Total assets less current liabilities
(7,129)
(3,994)
(7,129)
Net liabilities
(3,994)
Capital and reserves
Called up share capital
10
3
10
Profit and loss account
(7,139)
(4,004)
(7,129)
(3,994)
Shareholders funds
For the year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges her 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.
Date approved by the board: 30 September 2015
Miss Laura Rupsaite Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
A & B Promotions Ltd
For the year ended 31 December 2014
1 Accounting Policies
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. 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 basis:
Debtors include an amount of £10 (2013: £10) falling due after more than one year
2 Debtors:
3 Share capital
Authorised
10 Class A shares of £1.00 each
Allotted called up and fully paid
2014
2013
£
£
10 Class A shares of £1.00 each
10
10
10
10
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