Abbanoy Commercial Investments Limited - Limited company - abbreviated - 11.9
Abbanoy Commercial Investments Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2015 |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: SC337347) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| For The Year Ended 28 February 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| For The Year Ended 28 February 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: SC337347) |
| ABBREVIATED BALANCE SHEET |
| 28 February 2015 |
| 28.2.15 | 28.2.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: SC337347) |
| ABBREVIATED BALANCE SHEET - continued |
| 28 February 2015 |
| The financial statements were approved by the Board of Directors on by: |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: SC337347) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| For The Year Ended 28 February 2015 |
| 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 sales of goods and services provided during the year, excluding value added tax. |
| Intangible fixed assets |
| Franchise fees are amortised over the period of time for which the area franchise is acquired. |
| Tangible fixed assets |
| Investment property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| In accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective April 2008) : (i) the |
| investment property is valued annually and the aggregate surplus or deficit is transferred to a revaluation reserve; |
| and (ii) no depreciation or amortisation is provided in respect of the investment property.The requirement of the |
| Companies Act 2006 is to depreciate all properties, but that requirement conflicts with the generally accepted |
| accounting principles set out in the FRSSE (effective April 2008). The director considers that, as this property is |
| not held for consumption but for investment, to depreciate it would not give a true and fair view and that it is |
| therefore necessary to adopt the FRSSE (effective April 2008) in order to give a true and fair view. If this |
| departure from the Act had not been made, the profit for the financial year would have been decreased by |
| depreciation.However, the amount of the depreciation cannot reasonably be quantified, because depreciation is |
| only one of the many factors reflected in the annual valuation and the amount which might otherwise have been |
| shown cannot be separately identified or quantified. |
| 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. |
| ABBANOY COMMERCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: SC337347) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| For The Year Ended 28 February 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| and 28 February 2015 |
| AMORTISATION |
| At 1 March 2014 |
| Amortisation for year |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2014 |
| Additions |
| At 28 February 2015 |
| DEPRECIATION |
| At 1 March 2014 |
| Charge for year |
| At 28 February 2015 |
| NET BOOK VALUE |
| At 28 February 2015 |
| At 28 February 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 28.2.15 | 28.2.14 |
| value: | £ | £ |
| Ordinary | £1 |