Registered Number 06357861

ABBA TRAVEL LTD

Abbreviated Accounts

31 August 2014

ABBA TRAVEL LTD Registered Number 06357861

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 451 1,084
451 1,084
Current assets
Cash at bank and in hand 2,046 6,008
2,046 6,008
Creditors: amounts falling due within one year (2,443) (5,591)
Net current assets (liabilities) (397) 417
Total assets less current liabilities 54 1,501
Total net assets (liabilities) 54 1,501
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (46) 1,401
Shareholders' funds 54 1,501
  • For the year ending 31 August 2014 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 15 May 2015

And signed on their behalf by:
M Y Ahmed, Director

ABBA TRAVEL LTD Registered Number 06357861

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are
considered material in relation to the company's financial statements.

Basis of preparation

The financial statements have been prepared in accordance with applicable accounting standards and
under the historical cost accounting rules.

Cash flow statement

The company is exempt from the requirement of Financial Reporting Standard No1 to prepare a cash flow
statement as it is entitled to the filing exemptions as a small company .

Turnover policy
Turnover represents the amounts, derived from the provision of services to customers
during the year.

Turnover and operating profit/ (loss)

Turnover and operating profit on ordinary activities is attributable to the company's
principal activity.

Tangible assets depreciation policy
Depreciation

Depreciation is provided on tangible assets on the cost of the asset less estimated
residual value over the expected useful life as follows:

Fixtures , fittings and equipment 20% per annum

2Tangible fixed assets
£
Cost
At 1 September 2013 3,166
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 3,166
Depreciation
At 1 September 2013 2,082
Charge for the year 633
On disposals -
At 31 August 2014 2,715
Net book values
At 31 August 2014 451
At 31 August 2013 1,084
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100