Company Registration No. 06523133 (England and Wales)
A.B.C. STAINLESS (HOLDINGS) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
A.B.C. STAINLESS (HOLDINGS) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
A.B.C. STAINLESS (HOLDINGS) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
1,190,925
1,190,925
Current assets
Creditors: amounts falling due within one year
(835)
(835)
Net current liabilities
(835)
(835)
Total assets less current liabilities
1,190,090
1,190,090
Creditors: amounts falling due after more than one year
(1,073,529)
(1,073,529)
116,561
116,561
Capital and reserves
Called up share capital
3
900
900
Other reserves
100
100
Profit and loss account
115,561
115,561
Shareholders' funds
116,561
116,561
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 June 2017
M McAuliffe
Director
Company Registration No. 06523133
A.B.C. STAINLESS (HOLDINGS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 October 2015 & at 30 September 2016
1,190,925
At 30 September 2015
1,190,925
As at the balance sheet date the company held the following investments in subsidiary undertakings:
100% of the ordinary share capital of A.B.C. Stainless Limited, a company registered in England and Wales. The aggregate capital and reserves of the company at 30 September 2016 were £1,737,399 and the profit for the year ended 30 September 2016 was £25,577.
The principal activity of the company is that of manufacturing and installing specialised stainless steel and industrial pipe work.
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
900 Ordinary shares of £1 each
900
900