Registered number: |
Abbreviated accounts |
for the year ended |
Contents
AB Words Limited
as at
2015 | 2014 | ||||
Notes | £ | £ | £ | £ | |
Fixed Assets | |||||
Tangible assets | - | ||||
Current Asset | |||||
Cash at bank and in hand | |||||
Debtors | |||||
Creditors: amounts falling due within one year | 7 | ( |
( |
||
Net current assets | |||||
Total assets less current liabilities | 15,732 | 6,393 | |||
Net assets | |||||
Capital and reserves | |||||
Share Capital | |||||
Profit and loss account | |||||
Shareholder's funds |
The directors' statements required by Sections 475(2) and (3) are shown on the following page which forms part of this Balance Sheet.
AB Words Limited
Registered number: 05515660
Abbreviated balance sheet (continued)
Director's statements required by Sections 475(2) and (3)
for the year ended 31 July 2015
In approving these abbreviated accounts as director of the company I hereby confirm:
(a) |
that for the year |
|
(b) | that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an audit be conducted for the year ended 31 July 2015 ; and | |
(c) | that I acknowledge my responsibilities for: | |
(1) | ensuring that the company keeps accounting records which comply with Section 386 ; and | |
(2) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company. |
These abbreviated
The abbreviated accounts were approved by the Board on
Alexander Blyth
Director
AB Words Limited
for the year ended 31 July 2015
1 | Accounting policies | |
1.1 |
Basis of preparation The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
1.2 |
Turnover |
|
1.3 |
Tangible fixed assets and depreciation Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
Motor vehicles | ||
Equipment, fixtures and fittings | ||
1.4 |
Stocks Stock is valued at the lower of cost and net realisable value. |
4 | Tangible fixed assets | |||||
Plant and machinery etc | Motor vehicles | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 August 2014 | - | 4,046 | ||||
Disposals | ( |
- | (4,046) | |||
At 31 July 2015 | - | - | - | |||
Depreciation | ||||||
At 1 August 2014 | - | 3,902 | ||||
Charge for the year | ( |
- | (3,416) | |||
On disposals | ( |
- | (486) | |||
At 31 July 2015 | - | - | ||||
Net book value | ||||||
At 31 July 2015 | - | - | - | |||
At 31 July 2014 | 144 | - | 144 |
8 | Share capital | 2015 | 2014 | 2015 | 2014 | |||
No | No | £ | £ | |||||
Allotted, called up and fully paid: | ||||||||
11 | Controlling interest |
|
12 | Transactions with directors | ||||||
Advances to director | |||||||
The following director had interest free loans during the year. The movements on these loans are as follows: | |||||||
Amount owing at end of | |||||||
2015 | 2014 | Max in year | |||||
£ | £ | £ | |||||
Director's loan account for Alexander Blyth | 16,286 | 7,998 | 16,286 |
13 | Going concern |
The company ceased to trade during the period and the accounts have been prepared on a break-up basis. |