Registered Number 05924411

ABBEY MOBILITY LTD

Abbreviated Accounts

30 September 2016

ABBEY MOBILITY LTD Registered Number 05924411

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 854 806
854 806
Current assets
Stocks 6,000 5,600
Debtors 3,871 1,855
Cash at bank and in hand - 2,916
9,871 10,371
Creditors: amounts falling due within one year (7,340) (4,471)
Net current assets (liabilities) 2,531 5,900
Total assets less current liabilities 3,385 6,706
Creditors: amounts falling due after more than one year (8,500) (7,950)
Total net assets (liabilities) (5,115) (1,244)
Capital and reserves
Called up share capital 4 4
Profit and loss account (5,119) (1,248)
Shareholders' funds (5,115) (1,244)
  • 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 19 December 2016

And signed on their behalf by:
M T Lawlor, Director

ABBEY MOBILITY LTD Registered Number 05924411

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparing the financial statements

The company meets its day to day working capital requirements through financial support
provided by its directors. The directors have indicated their willingness to make this
financial support available for the foreseeable future.


Accounting convention
The financial statements have been prepared under the historical cost cost convention in
accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over
its estimated useful life.

Plant & Machinery 25% reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

2Tangible fixed assets
£
Cost
At 1 October 2015 5,926
Additions 333
Disposals -
Revaluations -
Transfers -
At 30 September 2016 6,259
Depreciation
At 1 October 2015 5,120
Charge for the year 285
On disposals -
At 30 September 2016 5,405
Net book values
At 30 September 2016 854
At 30 September 2015 806