Abbey Landscaping Limited - Period Ending 2016-11-30

Abbey Landscaping Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2016

Abbey Landscaping Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Abbey Landscaping Limited
(Registration number: 07208749)
Abbreviated Balance Sheet at 30 November 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		2,968	3,991
Current assets
Debtors		72,870	57,830
Cash at bank and in hand		20,963	8,958
		93,833	66,788
Creditors: Amounts falling due within one year		(47,867)	(23,965)
Net current assets		45,966	42,823
Total assets less current liabilities		48,934	46,814
Provisions for liabilities		(594)	(818)
Net assets		48,340	45,996
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		48,240	45,896
Shareholders' funds		48,340	45,996

For the year ending 30 November 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 director acknowledges her 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 director on 6 April 2017

.........................................
Miss V A Slinger
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Abbey Landscaping Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Abbey Landscaping Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 December 2015	5,646	5,646
At 30 November 2016	5,646	5,646
Depreciation
At 1 December 2015	1,655	1,655
Charge for the year	1,023	1,023
At 30 November 2016	2,678	2,678
Net book value
At 30 November 2016	2,968	2,968
At 30 November 2015	3,991	3,991

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		100	100		100	100

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