A B CASTLE LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 04410339 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

A B CASTLE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E McKoy

Ms J M Donohoe

SECRETARY:

C Bullement

REGISTERED OFFICE:

102 Snape Hill Lane

Dronfield

S18 2GP

REGISTERED NUMBER:

04410339 (England and Wales)

ACCOUNTANTS:

Cairns Accountants (Abacus 369 Ltd)

102 Snape Hill Lane

Dronfield

Derbyshire

S18 2GP

FIXED ASSETS

Intangible assets

2

50,867

55,673

Tangible assets

3

15,216

20,288

66,083

75,961

CURRENT ASSETS

Debtors

25,861

22,073

Cash at bank and in hand

12,319

21,978

38,180

44,051

CREDITORS

Amounts falling due within one year

47,722

90,096

NET CURRENT LIABILITIES

(9,542

)

(46,045

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

56,541

29,916

PROVISIONS FOR LIABILITIES

1,982

2,763

NET ASSETS

54,559

27,153

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

54,549

27,143

SHAREHOLDERS' FUNDS

54,559

27,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 5 September 2014 and were signed on
its behalf by:

E McKoy - 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 2004, is being amortised evenly over its estimated useful life of twenty 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 etc

-

25% on reducing balance

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 1 January 2013

and 31 December 2013

96,124

AMORTISATION

At 1 January 2013

40,451

Amortisation for year

4,806

At 31 December 2013

45,257

NET BOOK VALUE

At 31 December 2013

50,867

At 31 December 2012

55,673

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

82,533

DEPRECIATION

At 1 January 2013

62,245

Charge for year

5,072

At 31 December 2013

67,317

NET BOOK VALUE

At 31 December 2013

15,216

At 31 December 2012

20,288

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

10

Ordinary

£1

10

A B CASTLE LIMITED - Limited company - abbreviated - 11.0.0

A B CASTLE LIMITED - Limited company - abbreviated - 11.0.0