Registered Number 06592974

ABIRON VENTURES LIMITED

Abbreviated Accounts

31 May 2016

ABIRON VENTURES LIMITED Registered Number 06592974

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 120 1,320
120 1,320
Current assets
Debtors 3,125 2,923
Cash at bank and in hand 113 126
3,238 3,049
Creditors: amounts falling due within one year (300) (300)
Net current assets (liabilities) 2,938 2,749
Total assets less current liabilities 3,058 4,069
Total net assets (liabilities) 3,058 4,069
Capital and reserves
Called up share capital 10 10
Profit and loss account 3,048 4,059
Shareholders' funds 3,058 4,069
  • For the year ending 31 May 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 25 February 2017

And signed on their behalf by:
ABIODUN OLADIPO ABINA, Director

ABIRON VENTURES LIMITED Registered Number 06592974

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 June 2015 6,600
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 6,600
Depreciation
At 1 June 2015 5,280
Charge for the year 1,200
On disposals -
At 31 May 2016 6,480
Net book values
At 31 May 2016 120
At 31 May 2015 1,320