ABA (International) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02125419 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

ABA (INTERNATIONAL) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A C P Bouvier

SECRETARY:

J F Smith

REGISTERED OFFICE:

3 Hillcroft Avenue

Purley

Croydon

Surrey

CR8 3DJ

REGISTERED NUMBER:

02125419 (England and Wales)

ACCOUNTANTS:

Kiew Consulting

Lancaster Suite

Airport House

Purley Way

Croydon

Surrey

CR0 0XZ

FIXED ASSETS

Tangible assets

2

7,717

10,289

CURRENT ASSETS

Stocks

428,833

556,311

Debtors

131,787

216,416

Cash at bank

318,736

564,858

879,356

1,337,585

CREDITORS

Amounts falling due within one year

203,771

585,980

NET CURRENT ASSETS

675,585

751,605

TOTAL ASSETS LESS CURRENT LIABILITIES

683,302

761,894

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

683,202

761,794

SHAREHOLDERS' FUNDS

683,302

761,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 24 October 2014 and were signed by:

A C P Bouvier - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% on reducing balance

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 timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

91,594

DEPRECIATION

At 1 May 2013

81,305

Charge for year

2,572

At 30 April 2014

83,877

NET BOOK VALUE

At 30 April 2014

7,717

At 30 April 2013

10,289

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

Included in closing stock is £394,075 (2012: £492,231) in respect of a development property in Canada which was

purchased by the shareholders, on behalf of ABA (International) Limited. ABA (International) Limited is the beneficial

owner of the property by way of an existing deed of trust.