For the year ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06395732
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
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
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Notes to the Abbreviated Financial Statements |
A & B Promotions Ltd
For the year ended 31 December 2014
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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, 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 |
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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