REGISTERED NUMBER: 05101759

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2016

for

Above Line Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss C Noblett

SECRETARY:

Mrs A A Wardley

REGISTERED OFFICE:

Unit 4G Wistaston Road Business Centre

Wistaston Road

Crewe

Cheshire

CW2 7RP

REGISTERED NUMBER:

05101759

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Tangible assets

2

103,601

119,283

CURRENT ASSETS

Stocks

45,000

46,400

Debtors

174,695

188,903

Cash at bank and in hand

236,464

99,553

456,159

334,856

CREDITORS

Amounts falling due within one year

119,505

127,317

NET CURRENT ASSETS

336,654

207,539

TOTAL ASSETS LESS CURRENT LIABILITIES

440,255

326,822

CREDITORS

Amounts falling due after more than one year

(9,119

)

(28,807

)

PROVISIONS FOR LIABILITIES

(12,002

)

(14,045

)

NET ASSETS

419,134

283,970

CAPITAL AND RESERVES

Called up share capital

3

2

1

Profit and loss account

419,132

283,969

SHAREHOLDERS' FUNDS

419,134

283,970

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 25 April 2017 and were signed by:

Miss C Noblett - 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

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

225,891

Additions

3,250

At 31 July 2016

229,141

DEPRECIATION

At 1 August 2015

106,608

Charge for year

18,932

At 31 July 2016

125,540

NET BOOK VALUE

At 31 July 2016

103,601

At 31 July 2015

119,283

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

1

Ordinary

£1

2

1