Able Baker Limited - Filleted accounts

Able Baker Limited
Registered number:		04414212
Balance Sheet
as at 31 March 2017

Notes			2017			2016
£				£
Fixed assets
Intangible assets	2		-			7,800

Current assets
Cash at bank and in hand		796			796

Creditors: amounts falling due within one year	3	(16,073)			(23,873)

Net current liabilities			(15,277)			(23,077)

Net liabilities			(15,277)			(15,277)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(15,377)			(15,377)

Shareholders' funds			(15,277)			(15,277)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Geoffrey Low
Director
Approved by the board on 3 May 2017

Able Baker Limited
Notes to the Accounts
for the year ended 31 March 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Intangible fixed assets			£
	Goodwill:

	Cost
	At 1 April 2016			7,800
	At 31 March 2017			7,800

	Amortisation
	On disposals			7,800
	At 31 March 2017			7,800

	Net book value
	At 31 March 2017			-
	At 31 March 2016			7,800




3	Creditors: amounts falling due within one year	2017		2016
£			£

	Other creditors	16,073		23,873


4	Other information

	Able Baker Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Addison Grove
	Bedford Park
	London
	W4 1ER