REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
FOR |
AB INSPIRATIONS LIMITED |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
FOR |
AB INSPIRATIONS LIMITED |
AB INSPIRATIONS LIMITED (REGISTERED NUMBER: 07098196) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Accountants' Report | 5 |
AB INSPIRATIONS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
DIRECTOR: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
AB INSPIRATIONS LIMITED (REGISTERED NUMBER: 07098196) |
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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 financial statements were approved by the director on |
AB INSPIRATIONS LIMITED (REGISTERED NUMBER: 07098196) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
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). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
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. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2013 |
and 31 December 2013 |
AMORTISATION |
At 1 January 2013 |
and 31 December 2013 |
NET BOOK VALUE |
At 31 December 2013 |
At 31 December 2012 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2013 |
Additions |
At 31 December 2013 |
DEPRECIATION |
At 1 January 2013 |
Charge for year |
At 31 December 2013 |
NET BOOK VALUE |
At 31 December 2013 |
At 31 December 2012 |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |
AB INSPIRATIONS LIMITED (REGISTERED NUMBER: 07098196) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2013 |
6. | GOING CONCERN |
The financial statements have been prepared on a going concern basis which assumes that the company will |
continue in operational existence for the foreseeable future. |
The validity of this assumption depends upon the financial support of the trade creditors should the need arise. If |
the company were unable to continue in operational existence for the foreseeable future, adjustments would |
have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for |
further liabilities which might arise and reclassify fixed assets and long term liabilities as current assets and |
liabilities. |
The directors believe that it is appropriate for the financial statements to be prepared on a going concern basis. |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
AB INSPIRATIONS LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of ab inspirations Limited for the year ended 31 December 2013 which comprise the Profit and Loss |
Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to |
its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the director of ab inspirations Limited in accordance with the terms of our engagement |
letter dated 18 April 2013. Our work has been undertaken solely to prepare for your approval the financial statements of |
ab inspirations Limited and state those matters that we have agreed to state to the director of ab inspirations Limited in |
this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we |
do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that ab inspirations Limited has kept adequate accounting records and to prepare statutory |
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ab inspirations |
Limited. You consider that ab inspirations Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of ab inspirations Limited. For |
this reason, we have not verified the accuracy or completeness of the accounting records or information and |
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
8 July 2014 |