Registered Number 06357861
ABBA TRAVEL LTD
Abbreviated Accounts
31 August 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
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
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 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
£ | |
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Cost | |
At 1 September 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 August 2014 |
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Depreciation | |
At 1 September 2013 |
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Charge for the year |
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On disposals |
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At 31 August 2014 |
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Net book values | |
At 31 August 2014 | 451 |
At 31 August 2013 | 1,084 |