Registered Number 05570837

AB COSTING LIMITED

Abbreviated Accounts

30 September 2016

AB COSTING LIMITED Registered Number 05570837

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,360 3,588
3,360 3,588
Current assets
Stocks 5,440 5,190
Debtors 7,930 -
Cash at bank and in hand 23,785 17,620
37,155 22,810
Creditors: amounts falling due within one year (32,642) (21,025)
Net current assets (liabilities) 4,513 1,785
Total assets less current liabilities 7,873 5,373
Total net assets (liabilities) 7,873 5,373
Capital and reserves
Called up share capital 100 100
Profit and loss account 7,773 5,273
Shareholders' funds 7,873 5,373
  • For the year ending 30 September 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 16 May 2017

And signed on their behalf by:
A W Barrett, Director

AB COSTING LIMITED Registered Number 05570837

Notes to the Abbreviated Accounts for the period ended 30 September 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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services

2Tangible fixed assets
£
Cost
At 1 October 2015 5,259
Additions 612
Disposals -
Revaluations -
Transfers -
At 30 September 2016 5,871
Depreciation
At 1 October 2015 1,671
Charge for the year 840
On disposals -
At 30 September 2016 2,511
Net book values
At 30 September 2016 3,360
At 30 September 2015 3,588