Registered Number 05256580

ABLE CONSTRUCTION (UK) LIMITED

Abbreviated Accounts

31 October 2016

ABLE CONSTRUCTION (UK) LIMITED Registered Number 05256580

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Current assets
Stocks 257,101 165,478
Debtors 174,924 183,378
Cash at bank and in hand 53,473 3,058
485,498 351,914
Creditors: amounts falling due within one year (263,513) (230,072)
Net current assets (liabilities) 221,985 121,842
Total assets less current liabilities 221,985 121,842
Total net assets (liabilities) 221,985 121,842
Capital and reserves
Called up share capital 100 100
Profit and loss account 221,885 121,742
Shareholders' funds 221,985 121,842
  • For the year ending 31 October 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 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 12 July 2017

And signed on their behalf by:
G A Lakhanpal, Director

ABLE CONSTRUCTION (UK) LIMITED Registered Number 05256580

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Turnover policy
Turnover represents amounts receivable net of value added tax where applicable.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost less estimated residual value of each asset over its expected
useful life, as follows:
Fixtures, fittings and equipment 20%
Motor Vehicles 25%