ABC Desks Limited - Limited company - abbreviated

REGISTERED NUMBER: 05417106 (England and Wales)

ABC Desks Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

Report of the Accountants

5

DIRECTORS:

M C Farmer

Mrs C M Farmer

SECRETARY:

J M Farmer

REGISTERED OFFICE:

4 Daventry Road

Dunchurch

Warwickshire

CV22 6NS

REGISTERED NUMBER:

05417106 (England and Wales)

ACCOUNTANTS:

Astute Services Ltd

4 Daventry Road

Dunchurch

Warwickshire

CV22 6NS

FIXED ASSETS

Intangible assets

2

9,245

10,297

Tangible assets

3

-

9,245

10,297

CURRENT ASSETS

Stocks

3,000

10,000

Debtors

10,054

445

Cash at bank

4,291

6,597

17,345

17,042

CREDITORS

Amounts falling due within one year

11,320

11,315

NET CURRENT ASSETS

6,025

5,727

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,270

16,024

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

15,267

16,021

SHAREHOLDERS' FUNDS

15,270

16,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 January 2016 and were signed on its behalf by:

M C Farmer - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Intangible fixed assets

Expenditure on patents and trademarks is written off over the lower of expected useful life of the asset, or 10

years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer & Office equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

19,996

AMORTISATION

At 1 May 2014

9,699

Amortisation for year

1,052

At 30 April 2015

10,751

NET BOOK VALUE

At 30 April 2015

9,245

At 30 April 2014

10,297

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

33,061

DEPRECIATION

At 1 May 2014

and 30 April 2015

33,061

NET BOOK VALUE

At 30 April 2015

-

At 30 April 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/15

30/4/14

value:

£

3

Ordinary

£1

3

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2015 set out on pages two to five and you consider that the company is exempt from an audit.

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.

Astute Services Ltd

4 Daventry Road

Dunchurch

Warwickshire

CV22 6NS

Date: .............................................