Abbreviated Company Accounts - ABAL WASTE LIMITED

03915923 ABAL WASTE LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 03915923 2015-08-01 2016-07-31 03915923 2016-07-31 03915923 2015-07-31 03915923 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 03915923 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2015-08-01 2016-07-31 uk-gaap-cd-bus:Director3 2016-07-31 uk-gaap-cd-bus:Director3 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 03915923

ABAL WASTE LIMITED

Abbreviated Accounts

31 July 2016

ABAL WASTE LIMITED Registered Number 03915923

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	35,844	47,793
		35,844	47,793
Current assets
Debtors		89,281	95,209
		89,281	95,209
Creditors: amounts falling due within one year		(108,756)	(129,484)
Net current assets (liabilities)		(19,475)	(34,275)
Total assets less current liabilities		16,369	13,518
Provisions for liabilities		(7,169)	(9,559)
Total net assets (liabilities)		9,200	3,959
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		9,100	3,859
Shareholders' funds		9,200	3,959

For the year ending 31 July 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 20 January 2017

And signed on their behalf by:
L Wilton, Director

ABAL WASTE LIMITED Registered Number 03915923

Notes to the Abbreviated Accounts for the period ended 31 July 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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing Balance
Fixtures, fittings
and equipment - 25% Reducing Balance
Motor vehicles - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	127,804
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	127,804
Depreciation
At 1 August 2015	80,011
Charge for the year	11,949
On disposals	-
At 31 July 2016	91,960
Net book values
At 31 July 2016	35,844
At 31 July 2015	47,793

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	L Wilton
Description of the transaction:	Loan given at 4% interest
Balance at 1 August 2015:	£ 35,597
Advances or credits made:	£ 28,410
Advances or credits repaid:	£ 35,597
Balance at 31 July 2016:	£ 28,410

The above loan will be repaid before 30 April 2017.