Registered Number 05261343

ABRACON LIMITED

Abbreviated Accounts

31 December 2012

ABRACON LIMITED Registered Number 05261343

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
Fixed assets
Tangible assets 2 137,848 145,452
137,848 145,452
Current assets
Debtors 4,536 4,536
Cash at bank and in hand 28 28
4,564 4,564
Creditors: amounts falling due within one year (163,296) (163,296)
Net current assets (liabilities) (158,732) (158,732)
Total assets less current liabilities (20,884) (13,280)
Creditors: amounts falling due after more than one year (103,505) (103,505)
Provisions for liabilities (14,213) (14,213)
Total net assets (liabilities) (138,602) (130,998)
Capital and reserves
Called up share capital 73 73
Profit and loss account (138,675) (131,071)
Shareholders' funds (138,602) (130,998)
  • For the year ending 31 December 2012 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 December 2012

And signed on their behalf by:
Karl-Hermann Abraham, Director

ABRACON LIMITED Registered Number 05261343

Notes to the Abbreviated Accounts for the period ended 31 December 2012

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.

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

2Tangible fixed assets
Cost
At 1 January 2012 145,452
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2012 145,452
Depreciation
At 1 January 2012 -
Charge for the year 7,604
On disposals -
At 31 December 2012 7,604
Net book values
At 31 December 2012 137,848
At 31 December 2011 145,452