Abbey Contract Interiors Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01557674 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th September 2014

for

ABBEY CONTRACT INTERIORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N Scanlan

Mrs J Scanlan

SECRETARY:

Mrs J Scanlan

REGISTERED OFFICE:

20 Kings Gate

Tewkesbury

Gloucestershire

GL20 8EU

REGISTERED NUMBER:

01557674 (England and Wales)

ACCOUNTANTS:

Davies Mayers Barnett LLP

Pillar House

113/115 Bath Road

Cheltenham

Gloucestershire

GL53 7LS

FIXED ASSETS

Tangible assets

2

292

720

CURRENT ASSETS

Debtors

41,194

35,356

Cash at bank and in hand

71,144

59,124

112,338

94,480

CREDITORS

Amounts falling due within one year

(55,372

)

(35,514

)

NET CURRENT ASSETS

56,966

58,966

TOTAL ASSETS LESS CURRENT LIABILITIES

57,258

59,686

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

57,256

59,684

SHAREHOLDERS' FUNDS

57,258

59,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5th May 2015 and were signed on its behalf by:

Mrs J Scanlan - 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 April 2008).

Turnover

The company's turnover represents the value, excluding value added tax, of goods and services supplied to

customers during the year. All sales are in the United Kingdom and are derived from the principal activities of

the company.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Cost is defined as purchase price or revalued amount, less any residual value.

Depreciation is charged in the year of acquisition at the above rates.

The net book values of the assets are regularly reviewed by the directors and further adjustments to carrying

values are made, where considered appropriate.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the treatment of certain items for taxation

and accounting purposes which have arisen but not reversed at the balance sheet date. Full provision is made

without discounting for all deferred tax liabilities. Deferred tax assets are recognised to the extent that it is more

likely than not that they will be recovered against taxable profits.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2013

and 30th September 2014

1,296

DEPRECIATION

At 1st October 2013

576

Charge for year

428

At 30th September 2014

1,004

NET BOOK VALUE

At 30th September 2014

292

At 30th September 2013

720

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2