Abbey Capital Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07418765 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2016

FOR

ABBEY CAPITAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C P Booth

REGISTERED OFFICE:

81b Davisville Road

London

W12 9SH

REGISTERED NUMBER:

07418765 (England and Wales)

ACCOUNTANTS:

Holloway Cook Limited

Epping House

55 Russell Street

Reading

Berkshire

RG1 7XG

FIXED ASSETS

Tangible assets

2

1,058

1,217

CURRENT ASSETS

Stocks

-

1,000

Debtors

1,138

18,000

Cash at bank

807

4,830

1,945

23,830

CREDITORS

Amounts falling due within one year

1,059

7,026

NET CURRENT ASSETS

886

16,804

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,944

18,021

CREDITORS

Amounts falling due after more than one year

-

(3,226

)

PROVISIONS FOR LIABILITIES

-

(243

)

NET ASSETS

1,944

14,552

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

1,943

14,551

SHAREHOLDERS' FUNDS

1,944

14,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 February 2017 and were signed by:

C P Booth - 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 January 2015).

Turnover/revenue

Turnover represents invoiced work done.

Revenue - described as turnover - is the value of work done provided to customers during the year.

Revenue is recognised on the provision of work done on a percentage degree of completion basis calculated by

reference to the costs expended compared to the total anticipated costs.

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 etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2015

5,296

Additions

954

At 5 April 2016

6,250

DEPRECIATION

At 6 April 2015

4,079

Charge for year

1,113

At 5 April 2016

5,192

NET BOOK VALUE

At 5 April 2016

1,058

At 5 April 2015

1,217

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1