Abbreviated Company Accounts - A BETTER CHOICE (ABC) LIMITED

A BETTER CHOICE (ABC) LIMITED - Company Information

08535810 A BETTER CHOICE (ABC) LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 08535810 2014-06-01 2015-05-31 08535810 2015-05-31 08535810 2014-05-31 08535810 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 08535810 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 08535810

A BETTER CHOICE (ABC) LIMITED

Abbreviated Accounts

31 May 2015

A BETTER CHOICE (ABC) LIMITED Registered Number 08535810

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,933	2,901
		1,933	2,901
Current assets
Debtors		3,421	11,958
Cash at bank and in hand		47	4,158
		3,468	16,116
Creditors: amounts falling due within one year		(121,933)	(98,447)
Net current assets (liabilities)		(118,465)	(82,331)
Total assets less current liabilities		(116,532)	(79,430)
Total net assets (liabilities)		(116,532)	(79,430)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(116,632)	(79,530)
Shareholders' funds		(116,532)	(79,430)

For the year ending 31 May 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 February 2016

And signed on their behalf by:
R R A Tarhuni, Director

A BETTER CHOICE (ABC) LIMITED Registered Number 08535810

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis. The company has obtained undertakings from its shareholders that they will continue to support the company for the foreseeable future and meet all third party liabilities as they fall due. Given this undertaking, the directors consider it appropriate to adopt a going concern basis in preparing the financial statements.

Compliance with accounting standards
The financial statement are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for services recognised on an accruals basis net of VAT and trade discounts.

Tangible assets depreciation policy
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 cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 June 2014	3,867
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	3,867
Depreciation
At 1 June 2014	966
Charge for the year	968
On disposals	-
At 31 May 2015	1,934
Net book values
At 31 May 2015	1,933
At 31 May 2014	2,901

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100