Abbreviated Company Accounts - ABACUS ADVANCED AUTOMOTIVE SERVICES LIMITED

06999253 ABACUS ADVANCED AUTOMOTIVE SERVICES LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 06999253 2015-09-01 2016-08-31 06999253 2016-08-31 06999253 2015-08-31 06999253 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 06999253 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 06999253

ABACUS ADVANCED AUTOMOTIVE SERVICES LIMITED

Abbreviated Accounts

31 August 2016

ABACUS ADVANCED AUTOMOTIVE SERVICES LIMITED Registered Number 06999253

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	7,166	3,486
		7,166	3,486
Current assets
Stocks		1,500	1,500
Debtors		2,242	3,267
Cash at bank and in hand		28,586	21,936
		32,328	26,703
Creditors: amounts falling due within one year		(25,024)	(21,895)
Net current assets (liabilities)		7,304	4,808
Total assets less current liabilities		14,470	8,294
Total net assets (liabilities)		14,470	8,294
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		14,370	8,194
Shareholders' funds		14,470	8,294

For the year ending 31 August 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 26 May 2017

And signed on their behalf by:
Paul Phelps, Director

ABACUS ADVANCED AUTOMOTIVE SERVICES LIMITED Registered Number 06999253

Notes to the Abbreviated Accounts for the period ended 31 August 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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at 25% in order to write off the assets over their estimated useful lives.

2Tangible fixed assets

	£
Cost
At 1 September 2015	12,400
Additions	6,412
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	18,812
Depreciation
At 1 September 2015	8,914
Charge for the year	2,732
On disposals	-
At 31 August 2016	11,646
Net book values
At 31 August 2016	7,166
At 31 August 2015	3,486

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100