Registered Number NI038962

ABACUS CHINESE RESTAURANT LTD

Abbreviated Accounts

31 July 2012

ABACUS CHINESE RESTAURANT LTD Registered Number NI038962

Abbreviated Balance Sheet as at 31 July 2012

Notes 2012 2011
£ £
Fixed assets
Intangible assets 2 15,000 15,000
Tangible assets 3 174,138 183,212
189,138 198,212
Current assets
Stocks 3,000 3,000
Debtors - 10,637
Cash at bank and in hand 8,716 16,158
11,716 29,795
Creditors: amounts falling due within one year (243,427) (268,473)
Net current assets (liabilities) (231,711) (238,678)
Total assets less current liabilities (42,573) (40,466)
Total net assets (liabilities) (42,573) (40,466)
Capital and reserves
Called up share capital 2 2
Profit and loss account (42,575) (40,468)
Shareholders' funds (42,573) (40,466)
  • For the year ending 31 July 2012 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 30 April 2013

And signed on their behalf by:
KOON WAH WAN, Director

ABACUS CHINESE RESTAURANT LTD Registered Number NI038962

Notes to the Abbreviated Accounts for the period ended 31 July 2012

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

2Intangible fixed assets
£
Cost
At 1 August 2011 15,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2012 15,000
Amortisation
At 1 August 2011 -
Charge for the year -
On disposals -
At 31 July 2012 -
Net book values
At 31 July 2012 15,000
At 31 July 2011 15,000
3Tangible fixed assets
£
Cost
At 1 August 2011 298,616
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2012 298,616
Depreciation
At 1 August 2011 115,404
Charge for the year 9,074
On disposals -
At 31 July 2012 124,478
Net book values
At 31 July 2012 174,138
At 31 July 2011 183,212