Abbreviated Company Accounts - AB FORESTRY & RAIL LIMITED

SC381721 AB FORESTRY & RAIL LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true SC381721 2013-08-01 2014-07-31 SC381721 2014-07-31 SC381721 2013-07-31 SC381721 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 SC381721 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 iso4217:GBP shares

Registered Number SC381721

AB FORESTRY & RAIL LIMITED

Abbreviated Accounts

31 July 2014

AB FORESTRY & RAIL LIMITED Registered Number SC381721

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	308	384
		308	384
Current assets
Cash at bank and in hand		1,075	1,420
		1,075	1,420
Creditors: amounts falling due within one year		(7,861)	(12,417)
Net current assets (liabilities)		(6,786)	(10,997)
Total assets less current liabilities		(6,478)	(10,613)
Total net assets (liabilities)		(6,478)	(10,613)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(6,578)	(10,713)
Shareholders' funds		(6,478)	(10,613)

For the year ending 31 July 2014 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 28 April 2015

And signed on their behalf by:
W McAllister, Director

AB FORESTRY & RAIL LIMITED Registered Number SC381721

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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.

Intangible assets amortisation 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 - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2013	600
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	600
Depreciation
At 1 August 2013	216
Charge for the year	76
On disposals	-
At 31 July 2014	292
Net book values
At 31 July 2014	308
At 31 July 2013	384