Abbreviated Company Accounts - ABC TURBO-CLEAN LIMITED

NI014734 ABC TURBO-CLEAN LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true NI014734 2015-02-01 2016-01-31 NI014734 2016-01-31 NI014734 2015-01-31 NI014734 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 NI014734 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:Director3 2015-02-01 2016-01-31 uk-gaap-cd-bus:Director3 2016-01-31 uk-gaap-cd-bus:Director3 2015-01-31 iso4217:GBP shares

Registered Number NI014734

ABC TURBO-CLEAN LIMITED

Abbreviated Accounts

31 January 2016

ABC TURBO-CLEAN LIMITED Registered Number NI014734

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	46,771	68,623
		46,771	68,623
Current assets
Stocks		4,200	4,620
Debtors		73,191	62,543
Cash at bank and in hand		65,083	75,205
		142,474	142,368
Net current assets (liabilities)		142,474	142,368
Total assets less current liabilities		189,245	210,991
Creditors: amounts falling due after more than one year		(36,400)	(26,926)
Total net assets (liabilities)		152,845	184,065
Capital and reserves
Called up share capital		10,000	10,000
Other reserves		3,152	3,152
Profit and loss account		139,693	170,913
Shareholders' funds		152,845	184,065

For the year ending 31 January 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 19 October 2016

And signed on their behalf by:
Michael McGarvey, Director

ABC TURBO-CLEAN LIMITED Registered Number NI014734

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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 total invoice value, excluding value added tax of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance
Motor Vehicles - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	672,986
Additions	-
Disposals	(12,700)
Revaluations	-
Transfers	-
At 31 January 2016	660,286
Depreciation
At 1 February 2015	604,363
Charge for the year	11,692
On disposals	(2,540)
At 31 January 2016	613,515
Net book values
At 31 January 2016	46,771
At 31 January 2015	68,623

3Transactions with directors

Name of director receiving advance or credit:	Michael McGarvey
Description of the transaction:	Interest free loan
Balance at 1 February 2015:	£ 0
Advances or credits made:	£ 1,664
Advances or credits repaid:	-
Balance at 31 January 2016:	£ 1,664