Abbreviated Company Accounts - ABACUS RESIDENTIAL SERVICES LIMITED

04416936 ABACUS RESIDENTIAL SERVICES LIMITED 2013-03-31 false 2012-04-01 2013-03-31 true 04416936 2012-04-01 2013-03-31 04416936 2013-03-31 04416936 2012-03-31 04416936 uk-gaap-cd-bus:Director1 2012-04-01 2013-03-31 04416936 uk-gaap-cd-bus:Director2 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-03-31 iso4217:GBP shares

Registered Number 04416936

ABACUS RESIDENTIAL SERVICES LIMITED

Abbreviated Accounts

31 March 2013

ABACUS RESIDENTIAL SERVICES LIMITED Registered Number 04416936

Abbreviated Balance Sheet as at 31 March 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,079	5,736
		3,079	5,736
Current assets
Debtors		53,485	35,918
Cash at bank and in hand		226,979	294,155
		280,464	330,073
Creditors: amounts falling due within one year		(75,421)	(183,541)
Net current assets (liabilities)		205,043	146,532
Total assets less current liabilities		208,122	152,268
Total net assets (liabilities)		208,122	152,268
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		208,022	152,168
Shareholders' funds		208,122	152,268

For the year ending 31 March 2013 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 5 September 2013

And signed on their behalf by:
M J Morter, Director

ABACUS RESIDENTIAL SERVICES LIMITED Registered Number 04416936

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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 amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and value added tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - straight line over 3 years

Other accounting policies
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 April 2012	11,360
Additions	314
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2013	11,674
Depreciation
At 1 April 2012	5,624
Charge for the year	2,971
On disposals	-
At 31 March 2013	8,595
Net book values
At 31 March 2013	3,079
At 31 March 2012	5,736

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100