Registered number
03197850
Able Consulting Services Limited
Abbreviated Accounts
31 May 2016
Able Consulting Services Limited
Registered number: 03197850
Abbreviated Balance Sheet
as at 31 May 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 401 534
Current assets
Debtors 6,316 3,459
Cash at bank and in hand 2,395 6,945
8,711 10,404
Creditors: amounts falling due within one year (8,402) (10,773)
Net current assets/(liabilities) 309 (369)
Net assets 710 165
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 610 65
Shareholders' funds 710 165
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mrs L Cohen
Director
Approved by the board on 23 July 2016
Able Consulting Services Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computers and office equipment 25% reducing balance
2 Tangible fixed assets £
Cost
At 1 June 2015 2,636
At 31 May 2016 2,636
Depreciation
At 1 June 2015 2,102
Charge for the year 133
At 31 May 2016 2,235
Net book value
At 31 May 2016 401
At 31 May 2015 534
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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