Abbreviated Company Accounts - ABBEY LIFTS LIMITED

01667840 ABBEY LIFTS LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 01667840 2015-03-01 2016-02-28 01667840 2016-02-28 01667840 2015-02-28 01667840 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 01667840 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 01667840

ABBEY LIFTS LIMITED

Abbreviated Accounts

28 February 2016

ABBEY LIFTS LIMITED Registered Number 01667840

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	21,199	17,001
		21,199	17,001
Current assets
Debtors		109,945	85,290
Cash at bank and in hand		76,401	86,297
		186,346	171,587
Prepayments and accrued income		9,180	10,371
Creditors: amounts falling due within one year		(196,431)	(137,368)
Net current assets (liabilities)		(905)	44,590
Total assets less current liabilities		20,294	61,591
Provisions for liabilities		(3,700)	(2,682)
Total net assets (liabilities)		16,594	58,909
Capital and reserves
Called up share capital	3	61	100
Other reserves		(74,061)	-
Profit and loss account		90,594	58,809
Shareholders' funds		16,594	58,909

For the year ending 28 February 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 5 October 2016

And signed on their behalf by:
Mrs J L Taylor, Director

ABBEY LIFTS LIMITED Registered Number 01667840

Notes to the Abbreviated Accounts for the period ended 28 February 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 April 2008.

Turnover policy
The company's turnover represents the value, excluding VAT, of goods and services supplied to customers.

Tangible assets depreciation policy
Plant & Machinery 15% per annum of cost
Motor Vehicles 20% per annum of cost
Fixtures & Fittings 15% per annum of cost

2Tangible fixed assets

	£
Cost
At 1 March 2015	84,984
Additions	13,245
Disposals	(4,995)
Revaluations	-
Transfers	-
At 28 February 2016	93,234
Depreciation
At 1 March 2015	67,983
Charge for the year	8,048
On disposals	(3,996)
At 28 February 2016	72,035
Net book values
At 28 February 2016	21,199
At 28 February 2015	17,001

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

	2016 £	2015 £
61 Ordinary shares of £1 each (100 shares for 2015)	61	100