Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Abstract Glass Solutions Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Abstract Glass Solutions Limited
for the Year Ended 31 July 2013
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Abstract Glass Solutions Limited for the year ended 31 July 2013 set out on pages from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Abstract Glass Solutions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Abstract Glass Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abstract Glass Solutions Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Abstract Glass Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Abstract Glass Solutions Limited. You consider that Abstract Glass Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Abstract Glass Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Andrew Keates & Associates
Accountants & Tax Advisors
Clock Tower House
Trueman Street
Liverpool
Merseyside
L3 2BA
30 April 2014
Abstract Glass Solutions Limited
(Registration number: 05103057)
Abbreviated Balance Sheet at 31 July 2013
Note |
2013
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2012
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
( |
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Provisions for liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
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Mr A O'Boyle
Director
2
Abstract Glass Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2013
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant & machiery |
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Office equipment |
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Fixtures & fittings |
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Motor vehicles |
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Stock
Deferred tax
Hire purchase and leasing
Abstract Glass Solutions Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2013
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 August 2012 |
12,567 |
12,567 |
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Additions |
5,600 |
5,600 |
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At 31 July 2013 |
18,167 |
18,167 |
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Depreciation |
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At 1 August 2012 |
7,429 |
7,429 |
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Charge for the year |
2,739 |
2,739 |
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At 31 July 2013 |
10,168 |
10,168 |
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Net book value |
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At 31 July 2013 |
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At 31 July 2012 |
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Share capital |
Allotted, called up and fully paid shares
2013 |
2012 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Director's advances and credits |
2013 |
2013 |
2012 |
2012 |
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Mr A O'Boyle |
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673 |
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