REGISTERED NUMBER: 04039459 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

ABAY BUILDING SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr D Simpson

REGISTERED OFFICE:

6 Cumberland Gate

Cumberland Road

Portsmouth

Hampshire

PO5 1AG

REGISTERED NUMBER:

04039459 (England and Wales)

ACCOUNTANTS:

Jackson Green Carter Limited

Chartered Accountants

6 Cumberland Gate

Cumberland Road

Portsmouth

Hampshire

PO5 1AG

CURRENT ASSETS

Debtors

1,510

7,699

Cash at bank

-

49,924

1,510

57,623

CREDITORS

Amounts falling due within one year

(1,410

)

(21,981

)

NET CURRENT ASSETS

100

35,642

TOTAL ASSETS LESS CURRENT LIABILITIES

100

35,642

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

-

35,542

SHAREHOLDERS' FUNDS

100

35,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 April 2015 and were signed by:

Mr D Simpson - Director

1.	ACCOUNTING POLICIES

Going concern

These financial statements have been prepared on the basis that the company will continue to be a going concern.

If this assumption is not considered to be valid, then adjustments would need to be made to reduce the value of

assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed

assets and long-term liabilities as current assets and current liabilities.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the total receivable value, excluding value added tax, of sales of goods and services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

The charge for deferred tax takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax

assets are recognised only to the extent that they will be recovered against the reversal of deferred tax liabilities

or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the tax rates that

would apply when the timing differences reverse based on tax rates and laws that have been enacted, or

substantively enacted, by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

100

Ordinary

1

100

100

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2014 and

31 July 2013:

31.7.14

31.7.13

£

£

Mr D Simpson

Balance outstanding at start of year

-

-

Amounts advanced

1,510

-

Amounts repaid

-

-

Balance outstanding at end of year

1,510

-

The director's overdrawn loan account will be repaid within the nine months following the accounting year end.