Registered Number 04703014

ABC HYGIENE LIMITED

Abbreviated Accounts

31 March 2016

ABC HYGIENE LIMITED Registered Number 04703014

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 42,295 46,912
42,295 46,912
Current assets
Stocks 3,351 3,351
Debtors 85,656 207,104
Cash at bank and in hand 95,341 -
184,348 210,455
Creditors: amounts falling due within one year (256,439) (253,685)
Net current assets (liabilities) (72,091) (43,230)
Total assets less current liabilities (29,796) 3,682
Total net assets (liabilities) (29,796) 3,682
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (29,798) 3,680
Shareholders' funds (29,796) 3,682
  • 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 4 July 2016

And signed on their behalf by:
O Johnson, Director

ABC HYGIENE LIMITED Registered Number 04703014

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 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. Service contracts invoiced in advance are deferred and the income recognised over the contract term.

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

Plant and machinery 25% reducing balance

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2Tangible fixed assets
£
Cost
At 1 April 2015 147,034
Additions 8,033
Disposals (33,677)
Revaluations -
Transfers -
At 31 March 2016 121,390
Depreciation
At 1 April 2015 100,122
Charge for the year 9,382
On disposals (30,409)
At 31 March 2016 79,095
Net book values
At 31 March 2016 42,295
At 31 March 2015 46,912
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
2 Ordinary shares of £1 each 2 2

4Transactions with directors

Name of director receiving advance or credit: O Johnson
Description of the transaction: Loan account
Balance at 1 April 2015: £ 58,894
Advances or credits made: -
Advances or credits repaid: £ 58,894
Balance at 31 March 2016: £ 0
Name of director receiving advance or credit: K Rook
Description of the transaction: Loan account
Balance at 1 April 2015: £ 60,790
Advances or credits made: -
Advances or credits repaid: £ 60,790
Balance at 31 March 2016: £ 0

The loans were repaid in full on 31st March 2016.