| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| FOR |
| A B OUTSOURCING LIMITED |
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| FOR |
| A B OUTSOURCING LIMITED |
| A B OUTSOURCING LIMITED (REGISTERED NUMBER: 03391884) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| A B OUTSOURCING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| A B OUTSOURCING LIMITED (REGISTERED NUMBER: 03391884) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2012 |
| 31.12.12 | 31.12.11 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| A B OUTSOURCING LIMITED (REGISTERED NUMBER: 03391884) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| 1. | ACCOUNTING POLICIES |
| 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). |
| The company was dormant throughout the year ended 31 December 2012. However, reference to information |
| relating to the year ended 31 December 2011 has been made where appropriate. |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2012 | 556,586 |
| Dividends received | (126,000 | ) |
| At 31 December 2012 | 430,586 |
| NET BOOK VALUE |
| At 31 December 2012 |
| At 31 December 2011 |
| A B OUTSOURCING LIMITED (REGISTERED NUMBER: 03391884) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2012 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 Shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 50,100 | 50,100 |
| Profit for the year | 234,079 | 204,172 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.12 | 31.12.11 |
| value: | £ | £ |
| Ordinary | 1 |
| 4. | RELATED PARTY DISCLOSURES |
| Until it ceased trading in 2011 the company traded at arms length with its 100% owned subsidiary Hayes (UK) |
| Limited. During 2011 the company purchased goods of £12,156 and owed Hayes (UK) Limited £3,155 at the |
| year end. |
| 5. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Mr G Parsons and Mr L Parsons by virtue of their ownership of 100% of the |
| issued share capital in the company. |