REGISTERED NUMBER: 06432820 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 December 2013

for

Abel Skip Hire Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B W Pepper

Mrs M Pepper

SECRETARY:

Mrs M Pepper

REGISTERED OFFICE:

Regency House

3 Albion Place

Northampton

Northants

NN1 1UD

REGISTERED NUMBER:

06432820 (England and Wales)

ACCOUNTANTS:

Cottons Accountants LLP

Regency House

3 Albion Place

Northampton

Northants

NN1 1UD

FIXED ASSETS

Intangible assets

2

22,000

27,500

Tangible assets

3

261,613

205,144

283,613

232,644

CURRENT ASSETS

Debtors

95,249

46,748

Cash at bank and in hand

113,564

130,638

208,813

177,386

CREDITORS

Amounts falling due within one year

121,816

98,557

NET CURRENT ASSETS

86,997

78,829

TOTAL ASSETS LESS CURRENT LIABILITIES

370,610

311,473

CREDITORS

Amounts falling due after more than one year

(176,309

)

(186,149

)

PROVISIONS FOR LIABILITIES

(40,698

)

(26,852

)

NET ASSETS

153,603

98,472

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

153,503

98,372

SHAREHOLDERS' FUNDS

153,603

98,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 March 2014 and were signed on its behalf by:

B W Pepper - Director

Mrs M Pepper - 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 2007, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Skips

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

55,000

AMORTISATION

At 1 January 2013

27,500

Amortisation for year

5,500

At 31 December 2013

33,000

NET BOOK VALUE

At 31 December 2013

22,000

At 31 December 2012

27,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

333,318

Additions

125,165

At 31 December 2013

458,483

DEPRECIATION

At 1 January 2013

128,174

Charge for year

68,696

At 31 December 2013

196,870

NET BOOK VALUE

At 31 December 2013

261,613

At 31 December 2012

205,144

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/13

31/12/12

value:

£

£

100

Ordinary

£1

100

100