Abbeynet Enterprises Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02187739 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

ABBEYNET ENTERPRISES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R K Mehta

Mr N K Mehta

SECRETARY:

Mr R K Mehta

REGISTERED OFFICE:

1a Totterdown Street

London

London

SW17 8TB

REGISTERED NUMBER:

02187739 (England and Wales)

ACCOUNTANTS:

Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Abbeynet Enterprises Limited for the year ended 31 January 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its

ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Abbeynet Enterprises Limited, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Abbeynet Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Abbeynet

Enterprises Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of

Directors, as a body, for our work or for this report.

It is your duty to ensure that Abbeynet Enterprises Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Abbeynet

Enterprises Limited. You consider that Abbeynet Enterprises Limited is exempt from the statutory audit requirement for the

year.

We have not been instructed to carry out an audit or a review of the financial statements of Abbeynet Enterprises Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

27 October 2014

FIXED ASSETS

Investments

2

209,249

209,249

CREDITORS

Amounts falling due within one year

204,382

204,382

NET CURRENT LIABILITIES

(204,382

)

(204,382

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,867

4,867

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

4,767

4,767

SHAREHOLDERS' FUNDS

4,867

4,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 27 October 2014 and were signed on its behalf by:

Mr R K Mehta - 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).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2014

2013

£

£

Cost/valuation b/f

209,249

209,249

The company's investments at the balance sheet date in the share capital of companies include the following:

D L Electrical (Mitcham) Ltd.

Country of incorporation: England and Wales

Nature of business: Cables manufacturers and dealers

%

Class of shares:

holding

ordinary

99.98

2014

2013

£

£

Aggregate capital and reserves

388,548

470,442

(Loss)/profit for the year

(41,894

)

16,011

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100