Able Refurbishments Limited Accounts

ABLE REFURBISHMENTS LIMITED - Company Information






Able Refurbishments Limited
	Company No. 05020837
		Abbreviated Accounts
		31 March 2016

at	31 March 2016

Company No.		05020837	Notes	2016	2015
				£	£
Fixed assets

	Tangible assets		2	6,715	8,841

				6,715	8,841
Current assets

	Debtors			6,772	13,817

	Cash at bank and in hand			83	1,217
				6,855	15,034
Creditors: Amounts falling due within one year				(12,514)	(6,565)
Net current (liabilities)/assets				(5,659)	8,469
Total assets less current liabilities				1,056	17,310




Net assets				1,056	17,310

Capital and reserves
	Called up share capital		3	1,000	1,000



	Profit and loss account			56	16,310

Shareholder's funds				1,056	17,310

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 30 June 2016

And signed on its behalf by:

B. Dann
Director
30 June 2016

for the year ended 31 March 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

20% reducing balance

Motor vehicles

25% reducing balance

Furniture, fittings and equipment

20% reducing balance

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 April 2015	14,173	14,173




	At 31 March 2016	14,173	14,173
	Amortisation
	At 1 April 2015	5,332	5,332
	Charge for the year	2,126	2,126



	At 31 March 2016	7,458	7,458
	Net book values
	At 31 March 2016	6,715	6,715
	At 31 March 2015	8,841	8,841

3	Share Capital
		Nominal value	2016	2016	2015
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1,000	1,000	1,000




				1,000	1,000