Registered Number 05215642

ABAL RENTAL LIMITED

Abbreviated Accounts

31 August 2016

ABAL RENTAL LIMITED Registered Number 05215642

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 - 11,000
Tangible assets 3 467 642
467 11,642
Current assets
Stocks 16,600 24,200
Debtors 24,338 31,683
Cash at bank and in hand 1,890 5,737
42,828 61,620
Creditors: amounts falling due within one year (38,574) (66,531)
Net current assets (liabilities) 4,254 (4,911)
Total assets less current liabilities 4,721 6,731
Total net assets (liabilities) 4,721 6,731
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 4,719 6,729
Shareholders' funds 4,721 6,731
  • For the year ending 31 August 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 24 May 2017

And signed on their behalf by:
I McNamara, Director

ABAL RENTAL LIMITED Registered Number 05215642

Notes to the Abbreviated Accounts for the period ended 31 August 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.

2Intangible fixed assets
£
Cost
At 1 September 2015 110,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 110,000
Amortisation
At 1 September 2015 99,000
Charge for the year 11,000
On disposals -
At 31 August 2016 110,000
Net book values
At 31 August 2016 0
At 31 August 2015 11,000
3Tangible fixed assets
£
Cost
At 1 September 2015 3,499
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 3,499
Depreciation
At 1 September 2015 2,857
Charge for the year 175
On disposals -
At 31 August 2016 3,032
Net book values
At 31 August 2016 467
At 31 August 2015 642
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2