Registered Number 07394642

ABIGLOBAL FOODS LIMITED

Abbreviated Accounts

31 October 2016

ABIGLOBAL FOODS LIMITED Registered Number 07394642

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 62,733 62,415
Investments - -
62,733 62,415
Current assets
Stocks 460,000 205,000
Debtors 290,265 542,648
Investments - -
Cash at bank and in hand 45,785 21,729
796,050 769,377
Prepayments and accrued income - -
Creditors: amounts falling due within one year (404,207) (737,707)
Net current assets (liabilities) 391,843 31,670
Total assets less current liabilities 454,576 94,085
Creditors: amounts falling due after more than one year (340,000) 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 114,576 94,085
Capital and reserves
Called up share capital 500 500
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 114,076 93,585
Shareholders' funds 114,576 94,085
  • 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 10 July 2017

And signed on their behalf by:
Abigail Thomas, Director

ABIGLOBAL FOODS LIMITED Registered Number 07394642

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

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.

Turnover policy
Income is recognised on accrual basis

Tangible assets depreciation policy
Assets are depreciated on straight line basis over the useful economic life

2Tangible fixed assets
£
Cost
At 1 November 2015 103,798
Additions 6,317
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2016 110,115
Depreciation
At 1 November 2015 41,383
Charge for the year 5,999
On disposals 0
At 31 October 2016 47,382
Net book values
At 31 October 2016 62,733
At 31 October 2015 62,415