REGISTERED NUMBER: 07102674 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Ab Fab Books Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B M Richardson

REGISTERED OFFICE:

Liitle Hill 3b Roefields Close

Felden

Hemel Hempstead

Hertfordshire

HP3 0BZ

REGISTERED NUMBER:

07102674 (England and Wales)

ACCOUNTANTS:

HGC Accountants

First Floor

30 London Road

Sawbridgeworth

Hertfordshire

CM21 9JS

FIXED ASSETS

Tangible assets

2

3,303

299

CURRENT ASSETS

Cash at bank

720

5,258

CREDITORS

Amounts falling due within one year

3,553

4,735

NET CURRENT (LIABILITIES)/ASSETS

(2,833

)

523

TOTAL ASSETS LESS CURRENT LIABILITIES

470

822

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

370

722

SHAREHOLDERS' FUNDS

470

822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 January 2017 and were signed by:

B M Richardson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

399

Additions

3,636

At 31 March 2016

4,035

DEPRECIATION

At 1 April 2015

200

Charge for year

532

At 31 March 2016

732

NET BOOK VALUE

At 31 March 2016

3,303

At 31 March 2015

199

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Ordinary

1

100

100