ABBOTT DECORATING SERVICES LIMITED

ABBREVIATED UNAUDITED CESSATION ACCOUNTS

FOR THE PERIOD

1ST JULY 2013 TO 31ST MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

K Abbott

SECRETARY:

R Peness

REGISTERED OFFICE:

1A Queen Street

Rushden

Northamptonshire

NN10 0AA

REGISTERED NUMBER:

04693855 (England and Wales)

ACCOUNTANTS:

Haines Watts Bedford Limited

136-140 Bedford Road

Kempston

Bedfordshire

MK42 8BH

FIXED ASSETS

Intangible assets

2

-

5,000

Tangible assets

3

-

2,684

-

7,684

CURRENT ASSETS

Debtors

-

46

Cash at bank

4

3,000

4

3,046

CREDITORS

Amounts falling due within one year

4

7,236

NET CURRENT LIABILITIES

-

(4,190

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

3,494

PROVISIONS FOR LIABILITIES

-

537

NET ASSETS

-

2,957

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(1

)

2,956

SHAREHOLDERS' FUNDS

-

2,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27th November 2014 and were signed by:

K Abbott - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of eleven years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2013

and 31st March 2014

10,000

AMORTISATION

At 1st July 2013

5,000

Amortisation for period

5,000

At 31st March 2014

10,000

NET BOOK VALUE

At 31st March 2014

-

At 30th June 2013

5,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2013

7,221

Disposals

(7,221

)

At 31st March 2014

-

DEPRECIATION

At 1st July 2013

4,537

Charge for period

684

Eliminated on disposal

(5,221

)

At 31st March 2014

-

NET BOOK VALUE

At 31st March 2014

-

At 30th June 2013

2,684

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Abbott Decorating Services Limited for the period ended 31st March 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Abbott Decorating Services Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abbott

Decorating Services Limited and state those matters that we have agreed to state to the director of Abbott Decorating

Services Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our

work or for this report.

It is your duty to ensure that Abbott Decorating Services Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Abbott Decorating Services Limited. You consider that Abbott Decorating Services Limited is exempt from the statutory

audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Abbott Decorating Services

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts Bedford Limited

136-140 Bedford Road

Kempston

Bedfordshire

MK42 8BH

8th December 2014