REGISTERED NUMBER: 00731308 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Abbey Gauge Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A J Williams

SECRETARY:

Mrs J Clarke

REGISTERED OFFICE:

Harmile House

54 St Marys Lane

Upminster

Essex

RM14 2QP

REGISTERED NUMBER:

00731308 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,783

3,334

CURRENT ASSETS

Stocks

17,000

15,300

Debtors

28,476

21,662

Cash at bank and in hand

136

4,507

45,612

41,469

CREDITORS

Amounts falling due within one year

47,097

43,916

NET CURRENT LIABILITIES

(1,485

)

(2,447

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,298

887

PROVISIONS FOR LIABILITIES

522

600

NET ASSETS

776

287

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

676

187

SHAREHOLDERS' FUNDS

776

287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 21 March 2017 and were signed by:

Mr A J Williams - 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 January 2015).

TURNOVER

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

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

29,430

Additions

456

Disposals

(75

)

At 31 July 2016

29,811

DEPRECIATION

At 1 August 2015

26,096

Charge for year

1,006

Eliminated on disposal

(74

)

At 31 July 2016

27,028

NET BOOK VALUE

At 31 July 2016

2,783

At 31 July 2015

3,334

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A J Williams.