Registered Number NI602607

AB OPTICAL LAB LTD

Abbreviated Accounts

31 March 2015

AB OPTICAL LAB LTD Registered Number NI602607

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 15,458 25,764
Tangible assets 3 2,686 5,124
18,144 30,888
Current assets
Stocks 4,500 4,500
Debtors 14,638 16,871
Cash at bank and in hand 50,335 55,107
69,473 76,478
Creditors: amounts falling due within one year (49,181) (65,860)
Net current assets (liabilities) 20,292 10,618
Total assets less current liabilities 38,436 41,506
Creditors: amounts falling due after more than one year (37,280) (37,280)
Total net assets (liabilities) 1,156 4,226
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 156 3,226
Shareholders' funds 1,156 4,226
  • For the year ending 31 March 2015 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 17 September 2015

And signed on their behalf by:
Allan McCracken, Director

AB OPTICAL LAB LTD Registered Number NI602607

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

Tangible assets depreciation policy
All equipment and vans: 25% straight line

Intangible assets amortisation policy
Purchased goodwill: 20% straight line

2Intangible fixed assets
£
Cost
At 1 April 2014 51,529
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 51,529
Amortisation
At 1 April 2014 25,765
Charge for the year 10,306
On disposals -
At 31 March 2015 36,071
Net book values
At 31 March 2015 15,458
At 31 March 2014 25,764
3Tangible fixed assets
£
Cost
At 1 April 2014 9,971
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 9,971
Depreciation
At 1 April 2014 4,847
Charge for the year 2,438
On disposals -
At 31 March 2015 7,285
Net book values
At 31 March 2015 2,686
At 31 March 2014 5,124