Abbreviated Company Accounts - ABERCORN SERVICE STATION LTD

NI032462 ABERCORN SERVICE STATION LTD 2016-06-30 false 2015-07-01 2016-06-30 true NI032462 2015-07-01 2016-06-30 NI032462 2016-06-30 NI032462 2015-06-30 NI032462 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 NI032462 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-06-30 iso4217:GBP shares

Registered Number NI032462

ABERCORN SERVICE STATION LTD

Abbreviated Accounts

30 June 2016

ABERCORN SERVICE STATION LTD Registered Number NI032462

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	14,762	15,189
		14,762	15,189
Current assets
Stocks		40,000	40,000
Cash at bank and in hand		10,002	16,204
		50,002	56,204
Creditors: amounts falling due within one year		(57,676)	(41,642)
Net current assets (liabilities)		(7,674)	14,562
Total assets less current liabilities		7,088	29,751
Total net assets (liabilities)		7,088	29,751
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		6,988	29,651
Shareholders' funds		7,088	29,751

For the year ending 30 June 2016 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 9 June 2017

And signed on their behalf by:
Cathal Donaghy, Director
Donal Donaghy, Director

ABERCORN SERVICE STATION LTD Registered Number NI032462

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Tangible fixed assets are valued at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: -

Land & buildings - 2% Straight Line
Plant & Machinery - 15% Straight Line
Fixtures, fittings and equipment - 10% Straight Line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
There were no related party transactions during the year.

Controlling interest rests with the board of directors.

2Tangible fixed assets

	£
Cost
At 1 July 2015	43,603
Additions	1,995
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	45,598
Depreciation
At 1 July 2015	28,414
Charge for the year	2,422
On disposals	-
At 30 June 2016	30,836
Net book values
At 30 June 2016	14,762
At 30 June 2015	15,189

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100,000 Ordinary shares of £1 each	100,000	100,000
100 Ordinary shares of £1 each	100	100
100 Ordinary shares of £1 each	100	100