Registered Number 05229946

ABICORD LTD

Abbreviated Accounts

30 September 2016

ABICORD LTD Registered Number 05229946

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 9 9
9 9
Current assets
Debtors 16,000 -
Cash at bank and in hand 1,491 902
17,491 902
Creditors: amounts falling due within one year (19,598) (2,167)
Net current assets (liabilities) (2,107) (1,265)
Total assets less current liabilities (2,098) (1,256)
Total net assets (liabilities) (2,098) (1,256)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (2,198) (1,356)
Shareholders' funds (2,098) (1,256)
  • For the year ending 30 September 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 7 June 2017

And signed on their behalf by:
G W PRICE, Director

ABICORD LTD Registered Number 05229946

Notes to the Abbreviated Accounts for the period ended 30 September 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 January 2015)

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 October 2015 7,334
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 7,334
Depreciation
At 1 October 2015 7,325
Charge for the year -
On disposals -
At 30 September 2016 7,325
Net book values
At 30 September 2016 9
At 30 September 2015 9
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100