Registered Number 06176230

ABLE SEARCH SYSTEMS LTD

Abbreviated Accounts

31 March 2013

ABLE SEARCH SYSTEMS LTD Registered Number 06176230

Abbreviated Balance Sheet as at 31 March 2013

Notes 2013 2012
£ £
Current assets
Debtors 527,944 6,104,943
Cash at bank and in hand 111,621 111,921
639,565 6,216,864
Creditors: amounts falling due within one year (899,074) (5,445,190)
Net current assets (liabilities) (259,509) 771,674
Total assets less current liabilities (259,509) 771,674
Creditors: amounts falling due after more than one year (82,412) (882,236)
Total net assets (liabilities) (341,921) (110,562)
Capital and reserves
Called up share capital 1,000 1,000
Other reserves 8,583 9,592
Profit and loss account (351,504) (121,154)
Shareholders' funds (341,921) (110,562)
  • For the year ending 31 March 2013 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 26 November 2013

And signed on their behalf by:
D Podkopayev, Director

ABLE SEARCH SYSTEMS LTD Registered Number 06176230

Notes to the Abbreviated Accounts for the period ended 31 March 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.