067069912015-10-012016-09-30falsetruehttp://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-09-30http://www.companieshouse.gov.uk/cd:Director12015-10-012016-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-10-012016-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-10-012016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-09-30http://www.companieshouse.gov.uk/2014-10-012015-09-30http://www.companieshouse.gov.uk/2015-10-012016-09-30http://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/2016-09-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-10-012016-09-30iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 06706991

ABSTRACT CONSTRUCTION LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/09/2016

Prepared By:

BR Accountants LTD

14a Mary Rose Mall

Beckton

London

E6 5LX

ABSTRACT CONSTRUCTION LIMITED

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/09/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 06706991

ABSTRACT CONSTRUCTION LIMITED

Registered Number: 06706991
BALANCE SHEET AT 30/09/2016
						2016				2015
		Notes				£				£
FIXED ASSETS
Tangible assets		2				29,255				15,525
CURRENT ASSETS
CREDITORS: Amounts falling due within one year				71,450				46,594
NET CURRENT LIABILITIES						(71,450)				(46,594)
TOTAL ASSETS LESS CURRENT LIABILITIES						(42,195)				(31,069)
CAPITAL AND RESERVES
Called up share capital		3				2				2
Profit and loss account						(42,197)				(31,071)
SHAREHOLDERS' FUNDS						(42,195)				(31,069)
For the year ending 30/09/2016 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 31/05/2017 and signed on their behalf by
Mr Marian DINU
Director

ABSTRACT CONSTRUCTION LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30/09/2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		%

1c. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

1d. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2. TANGIBLE FIXED ASSETS
		Plant and
		Machinery		Total
		£		£
Cost
At 01/10/2015		15,525		15,525
Additions		24,542		24,542
Disposals		(1,760)		(1,760)
At 30/09/2016		38,307		38,307
Depreciation
Disposals		2,630		2,630
For the year		6,422		6,422
At 30/09/2016		9,052		9,052
Net Book Amounts
At 30/09/2016		29,255		29,255
At 30/09/2015		15,525		15,525

3. SHARE CAPITAL				2016		2015
				£		£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each				2
				2		2