Abbreviated Company Accounts - A BARNES UPHOLSTERY LTD

Abbreviated Company Accounts - A BARNES UPHOLSTERY LTD

A BARNES UPHOLSTERY LTD - Company Information

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Registered Number 07889625

A BARNES UPHOLSTERY LTD

Abbreviated Accounts

31 March 2016

A BARNES UPHOLSTERY LTD Registered Number 07889625

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - 155
- 155
Current assets
Debtors - 12
Cash at bank and in hand 20,677 27,501
20,677 27,513
Creditors: amounts falling due within one year (20,677) (27,559)
Net current assets (liabilities) 0 (46)
Total assets less current liabilities 0 109
Total net assets (liabilities) 0 109
Capital and reserves
Called up share capital 2 2
Profit and loss account (2) 107
Shareholders' funds 0 109
  • For the year ending 31 March 2016 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 4 May 2016

And signed on their behalf by:
M Panikkar, Director

A BARNES UPHOLSTERY LTD Registered Number 07889625

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover is the amount receivable for goods and services supplied to customers.

Tangible assets depreciation policy
Fixed Assets are depreciated on a reducing balance basis over the estimated life of the assets.

The rates of depreciation used by the company are as follows:
Equipment 25%

2Tangible fixed assets
£
Cost
At 1 April 2015 274
Additions -
Disposals (274)
Revaluations -
Transfers -
At 31 March 2016 0
Depreciation
At 1 April 2015 119
Charge for the year -
On disposals (119)
At 31 March 2016 0
Net book values
At 31 March 2016 0
At 31 March 2015 155