Registered Number 04900378

A & B TIMBER SALES LIMITED

Abbreviated Accounts

31 October 2016

A & B TIMBER SALES LIMITED Registered Number 04900378

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 - 1,406
Tangible assets 3 1,659 2,213
1,659 3,619
Current assets
Stocks - 750
Cash at bank and in hand 9,393 4,933
9,393 5,683
Creditors: amounts falling due within one year (11,033) (9,160)
Net current assets (liabilities) (1,640) (3,477)
Total assets less current liabilities 19 142
Total net assets (liabilities) 19 142
Capital and reserves
Called up share capital 5,000 5,000
Revaluation reserve 2,232 2,232
Profit and loss account (7,213) (7,090)
Shareholders' funds 19 142
  • For the year ending 31 October 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 May 2017

And signed on their behalf by:
Pete Nicholls, Director

A & B TIMBER SALES LIMITED Registered Number 04900378

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

2Intangible fixed assets
£
Cost
At 1 November 2015 25,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 25,000
Amortisation
At 1 November 2015 23,594
Charge for the year 1,406
On disposals -
At 31 October 2016 25,000
Net book values
At 31 October 2016 0
At 31 October 2015 1,406
3Tangible fixed assets
£
Cost
At 1 November 2015 25,776
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 25,776
Depreciation
At 1 November 2015 23,563
Charge for the year 554
On disposals -
At 31 October 2016 24,117
Net book values
At 31 October 2016 1,659
At 31 October 2015 2,213