Registered Number 07360342

AB SOFTWARE DEVELOPMENT LIMITED

Abbreviated Accounts

31 August 2014

AB SOFTWARE DEVELOPMENT LIMITED Registered Number 07360342

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,756 2,040
1,756 2,040
Current assets
Cash at bank and in hand 42,145 48,226
42,145 48,226
Creditors: amounts falling due within one year (40,171) (28,502)
Net current assets (liabilities) 1,974 19,724
Total assets less current liabilities 3,730 21,764
Total net assets (liabilities) 3,730 21,764
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,630 21,664
Shareholders' funds 3,730 21,764
  • 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 7 January 2015

And signed on their behalf by:
ANDREW BARBER, Director

AB SOFTWARE DEVELOPMENT LIMITED Registered Number 07360342

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
The company operates a directors account. The amount owed by the company to the director at the year end was £35,320.

2Tangible fixed assets
£
Cost
At 1 September 2013 3,147
Additions 670
Disposals -
Revaluations -
Transfers -
At 31 August 2014 3,817
Depreciation
At 1 September 2013 1,107
Charge for the year 954
On disposals -
At 31 August 2014 2,061
Net book values
At 31 August 2014 1,756
At 31 August 2013 2,040