Registered Number 05399771

ABBEYGOLD LIMITED

Abbreviated Accounts

31 March 2016

ABBEYGOLD LIMITED Registered Number 05399771

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 8,822 11,027
8,822 11,027
Current assets
Stocks 5,500 5,200
Debtors 38,741 39,598
Cash at bank and in hand 52,756 60,524
96,997 105,322
Creditors: amounts falling due within one year (399,768) (383,373)
Net current assets (liabilities) (302,771) (278,051)
Total assets less current liabilities (293,949) (267,024)
Total net assets (liabilities) (293,949) (267,024)
Capital and reserves
Called up share capital 100 100
Profit and loss account (294,049) (267,124)
Shareholders' funds (293,949) (267,024)
  • For the year ending 31 March 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 16 December 2016

And signed on their behalf by:
Mr D Wang, Director

ABBEYGOLD LIMITED Registered Number 05399771

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and service to customers

Tangible assets depreciation policy
Plant and Machinery 20% on a reducing balance basis

2Tangible fixed assets
£
Cost
At 1 April 2015 89,129
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 89,129
Depreciation
At 1 April 2015 78,102
Charge for the year 2,205
On disposals -
At 31 March 2016 80,307
Net book values
At 31 March 2016 8,822
At 31 March 2015 11,027

Plant and Machinery 20% on a reducing balance basis