Company Registration No. 05735091 (England and Wales)
A B S Preservation (U.K.) Limited
Unaudited accounts
for the year ended 31 March 2017
A B S Preservation (U.K.) Limited
Unaudited accounts
Contents
A B S Preservation (U.K.) Limited
Company Information
for the year ended 31 March 2017
Company Number
05735091 (England and Wales)
Registered Office
Milford House
78 High Street
Hadleigh, Benfleet
Essex
SS7 2PB
Accountants
R.P. Minks and Company
Milford House
78 High Street
Hadleigh, Benfleet
Essex
SS7 2PB
A B S Preservation (U.K.) Limited
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
4,491
31,029
Creditors: amounts falling due within one year
(4,107)
(26,693)
Net current assets
384
5,756
Called up share capital
2
2
Profit and loss account
382
13,943
Shareholders' funds
384
13,945
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 21 December 2017.
N.J. Woolgar
Director
Company Registration No. 05735091
A B S Preservation (U.K.) Limited
Notes to the Accounts
for the year ended 31 March 2017
A B S Preservation (U.K.) Limited is a private company, limited by shares, registered in England and Wales, registration number 05735091. The registered office is Milford House, 78 High Street, Hadleigh, Benfleet, Essex, SS7 2PB. The principal place of business is 5 Welbeck Drive, Basildon, Essex, SS16 6BU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2016
2,677
18,745
21,422
Disposals
(2,677)
(18,745)
(21,422)
At 1 April 2016
2,116
11,117
13,233
On disposals
(2,116)
(11,117)
(13,233)
At 31 March 2016
561
7,628
8,189
A B S Preservation (U.K.) Limited
Notes to the Accounts
for the year ended 31 March 2017
Accrued income and prepayments
-
220
6
Creditors: amounts falling due within one year
2017
2016
Obligations under finance leases and hire purchase contracts
-
4,332
Taxes and social security
3,897
4,178
Loans from directors
-
14,716
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).