| ABBK Enterprises Limited |
| Registered number: |
04536480 |
| Abbreviated Balance Sheet |
| as at 31 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
26 |
|
|
161,122 |
|
| Current assets |
| Debtors |
|
|
20,443 |
|
|
6,247 |
| Cash at bank and in hand |
|
|
8,322 |
|
|
8,692 |
|
|
|
28,765 |
|
|
14,939 |
|
| Creditors: amounts falling due within one year |
|
|
(7,294) |
|
|
(641) |
|
| Net current assets |
|
|
|
21,471 |
|
|
14,298 |
|
| Total assets less current liabilities |
|
|
|
21,497 |
|
|
175,420 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
|
(175,025) |
|
|
|
| Net assets |
|
|
|
21,497 |
|
|
395 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
20,497 |
|
|
(605) |
|
| Shareholders' funds |
|
|
|
21,497 |
|
|
395 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr A Burgis |
| Director |
| Approved by the board on 17 September 2016 |
|
| ABBK Enterprises Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Office equipment |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
Deferred taxation |
|
No provision is made for deferred taxation as there is a reasonable probabilty that no liability will crystallise in the foreseeable future. |
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
161,551 |
|
Disposals |
(161,087) |
|
At 31 December 2015 |
464 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
429 |
|
Charge for the year |
9 |
|
At 31 December 2015 |
438 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
26 |
|
At 31 December 2014 |
161,122 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
- |
|
175,025 |
|
Secured bank loans |
- |
|
175,025 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|