Abbey Commercial Services (Midlands) Ltd |
Registered number: |
05112212 |
Abbreviated Balance Sheet |
as at 30 April 2016 |
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
26,000 |
|
|
29,250 |
Tangible assets |
3 |
|
|
1,360 |
|
|
2,030 |
|
|
|
|
27,360 |
|
|
31,280 |
|
Current assets |
Debtors |
|
|
11,092 |
|
|
9,551 |
Cash at bank and in hand |
|
|
9,929 |
|
|
9,906 |
|
|
|
21,021 |
|
|
19,457 |
|
Creditors: amounts falling due within one year |
|
|
(16,920) |
|
|
(18,750) |
|
Net current assets |
|
|
|
4,101 |
|
|
707 |
|
Net assets |
|
|
|
31,461 |
|
|
31,987 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
31,361 |
|
|
31,887 |
|
Shareholders' funds |
|
|
|
31,461 |
|
|
31,987 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
Mrs A Allen |
Director |
Approved by the board on 15 January 2017 |
|
Abbey Commercial Services (Midlands) Ltd |
Notes to the Abbreviated Accounts |
for the year ended 30 April 2016 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2015 |
65,000 |
|
At 30 April 2016 |
65,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2015 |
35,750 |
|
Provided during the year |
3,250 |
|
At 30 April 2016 |
39,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2016 |
26,000 |
|
At 30 April 2015 |
29,250 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2015 |
7,998 |
|
At 30 April 2016 |
7,998 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2015 |
5,968 |
|
Charge for the year |
670 |
|
At 30 April 2016 |
6,638 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2016 |
1,360 |
|
At 30 April 2015 |
2,030 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|