Abbreviated Company Accounts - AMBAS LIMITED

01487160 AMBAS LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 01487160 2015-08-01 2016-07-31 01487160 2016-07-31 01487160 2015-07-31 01487160 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 01487160 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 01487160

AMBAS LIMITED

Abbreviated Accounts

31 July 2016

AMBAS LIMITED Registered Number 01487160

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	527,507	526,001
		527,507	526,001
Current assets
Stocks		348,426	348,426
Debtors		636,066	623,657
Cash at bank and in hand		56,433	66,122
		1,040,925	1,038,205
Creditors: amounts falling due within one year	3	(295,632)	(273,871)
Net current assets (liabilities)		745,293	764,334
Total assets less current liabilities		1,272,800	1,290,335
Creditors: amounts falling due after more than one year	3	(538,632)	(559,855)
Total net assets (liabilities)		734,168	730,480
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		157,919	157,919
Profit and loss account		576,149	572,461
Shareholders' funds		734,168	730,480

For the year ending 31 July 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 27 April 2017

And signed on their behalf by:
PL Jackson, Director

AMBAS LIMITED Registered Number 01487160

Notes to the Abbreviated Accounts for the period ended 31 July 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 represents the value, net of VAT, of property sales, rents receivevable and consultancy fees

Other accounting policies
Stocks are valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 August 2015	548,238
Additions	1,506
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	549,744
Depreciation
At 1 August 2015	22,237
Charge for the year	-
On disposals	-
At 31 July 2016	22,237
Net book values
At 31 July 2016	527,507
At 31 July 2015	526,001

3Creditors

	2016 £	2015 £
Secured Debts	597,188	618,411
Instalment debts due after 5 years	352,500	352,500

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100