Abbey Marble (East Anglia) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06299542 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Abbey Marble (East Anglia) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L Fuller

Mrs L Fuller

SECRETARY:

Mrs L Fuller

REGISTERED OFFICE:

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

REGISTERED NUMBER:

06299542 (England and Wales)

ACCOUNTANTS:

The Mudd Partnership

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

FIXED ASSETS

Tangible assets

2

7,523

8,492

CURRENT ASSETS

Stocks

29,858

24,887

Debtors

16,078

21,064

45,936

45,951

CREDITORS

Amounts falling due within one year

53,020

54,119

NET CURRENT LIABILITIES

(7,084

)

(8,168

)

TOTAL ASSETS LESS CURRENT LIABILITIES

439

324

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

339

224

SHAREHOLDERS' FUNDS

439

324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 29 January 2016 and were signed on its behalf by:

L Fuller - 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 the value of sales to customers, net of discounts, allowances, volume and promotional

rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company

has delivered product to the customer, the customer has accepted the products and collectability of the related

receivable is reasonably assured.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.3% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

34,629

Additions

1,507

At 30 April 2015

36,136

DEPRECIATION

At 1 May 2014

26,137

Charge for year

2,476

At 30 April 2015

28,613

NET BOOK VALUE

At 30 April 2015

7,523

At 30 April 2014

8,492

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary shares

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the director, L Fuller, owed £6,081 (2014: £5,692) to the company.

5.	ULTIMATE CONTROLLING PARTY

The company is controlled jointly by the directors, L Fuller and Mrs L Fuller, who together are the only

shareholders.