Registered number
05112212
Abbey Commercial Services (Midlands) Ltd
Abbreviated Accounts
30 April 2016
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
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