Abbreviated Company Accounts - ABER TURF & LANDSCAPES LIMITED

ABER TURF & LANDSCAPES LIMITED Registered Number 04550534

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	147	196
		147	196
Current assets
Debtors		12,311	12,045
Cash at bank and in hand		71	880
		12,382	12,925
Creditors: amounts falling due within one year		(2,234)	(1,716)
Net current assets (liabilities)		10,148	11,209
Total assets less current liabilities		10,295	11,405
Provisions for liabilities		(30)	(39)
Total net assets (liabilities)		10,265	11,366
Capital and reserves
Called up share capital		2	2
Profit and loss account		10,263	11,364
Shareholders' funds		10,265	11,366

For the year ending 31 March 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 14 December 2016

And signed on their behalf by:
R A Rees, Director

ABER TURF & LANDSCAPES LIMITED Registered Number 04550534

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods
supplied and services rendered, net of discounts and Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Plant & machinery - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,331
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	5,331
Depreciation
At 1 April 2015	5,135
Charge for the year	49
On disposals	-
At 31 March 2016	5,184
Net book values
At 31 March 2016	147
At 31 March 2015	196

Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
comprehensive income and accumulated in equity, except to the extent it reverses a revaluation
decrease of the same asset previously recognised in profit or loss. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other comprehensive income to the
extent of any previously recognised revaluation increase accumulated in equity in respect of that
asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in
equity in respect of that asset, the excess shall be recognised in profit or loss.