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Registered number: 02220619

Abbey Flooring Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2017


Abbey Flooring Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2017
DIRECTORS
Mark Bantock
Philip Davie
SECRETARY
Mark Bantock
REGISTERED OFFICE
15 Denham Walk
Chalfont St Peter
Bucks
Sl9 Oen
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02220619

Abbey Flooring Limited

ACCOUNTS
FOR THEYEARENDED31/03/2017
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Abbey Flooring Limited

BALANCE SHEET AT 31/03/2017
20172016
Notes££
FIXED ASSETS
Tangible assets24,9986,339
CURRENT ASSETS
Stock9,6037,148
Debtors4289,626291,701
Cash at bank and in hand598,556706,374
897,7851,005,223
CREDITORS: Amounts falling due within one year5398,754531,369
NET CURRENT ASSETS499,031473,854
TOTAL ASSETS LESS CURRENT LIABILITIES504,029480,193
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account503,929480,093
SHAREHOLDERS' FUNDS504,029480,193
For the year ending 31/03/2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 29/06/2017 and signed on their behalf by
.............................
Mark Bantock
Director
.............................
Philip Davie
Director

Abbey Flooring Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and MachineryReducing balance basis 15%%
Motor CarsReducing balance basis 25%%
1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 01/04/201650,7879,27060,057
At 31/03/201750,7879,27060,057
Depreciation
At 01/04/201648,3585,36053,718
For the year3649771,341
At 31/03/201748,7226,33755,059
Net Book Amounts
At 31/03/20172,0652,9334,998
At 31/03/20162,4293,9106,339

Abbey Flooring Limited

3. STOCK 20172016
££
Stock comprises:
Stock9,6037,148
9,6037,148
4. DEBTORS 20172016
££
Amounts falling due within one year
Trade debtors277,467278,772
Other debtors12,15912,929
289,626291,701
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20172016
££
UK corporation tax86,31076,000
Directors current account5,6824,820
Directors current account5,6824,820
Trade creditors39,308207,060
Other creditors261,772238,669
398,754531,369
6. EMPLOYEES
20172016
No.No.
7. SHARE CAPITAL 20172016
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100