A B Couriers Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC313239 (Scotland)

Abbreviated Unaudited Accounts

For The Year Ended 31st January 2015

for

A B Couriers Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

A R Boag

SECRETARY:

Miss E McMenemy

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC313239 (Scotland)

ACCOUNTANTS:

J.S. Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

2,753

3,333

2,753

3,333

CURRENT ASSETS

Stocks

761

761

Debtors

3,438

1,320

Cash at bank

1,115

499

5,314

2,580

CREDITORS

Amounts falling due within one year

(24,553

)

(17,006

)

NET CURRENT LIABILITIES

(19,239

)

(14,426

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,486

)

(11,093

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(16,487

)

(11,094

)

SHAREHOLDERS' FUNDS

(16,486

)

(11,093

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 15th October 2015 and were signed by:

A R Boag - 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2014

and 31st January 2015

10,000

AMORTISATION

At 1st February 2014

and 31st January 2015

10,000

NET BOOK VALUE

At 31st January 2015

-

At 31st January 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2014

and 31st January 2015

6,341

DEPRECIATION

At 1st February 2014

3,008

Charge for year

580

At 31st January 2015

3,588

NET BOOK VALUE

At 31st January 2015

2,753

At 31st January 2014

3,333

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st January 2015 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J.S. Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

15th October 2015