ABL Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04655158 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

ABL SOLUTIONS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

A B Lewis

E M T Lewis

SECRETARY:

E M T Lewis

REGISTERED OFFICE:

Tilly Granary

High Street

West Harptree

Bristol

BS40 6EB

REGISTERED NUMBER:

04655158 (England and Wales)

ACCOUNTANTS:

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

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 ABL Solutions Limited for the year ended 31 March 2014 which comprise the

Profit and Loss Account, the Balance Sheet, the Cash Flow Statement, the Statement of Total Recognised

Gains and Losses 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 ABL Solutions 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 ABL Solutions Limited and state those matters that we have agreed to state to the Board of

Directors of ABL Solutions 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 ABL Solutions 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 ABL Solutions Limited. You consider that ABL Solutions 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 ABL Solutions

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.

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

18 November 2014

FIXED ASSETS

Tangible assets

2

1,624

1,448

CURRENT ASSETS

Debtors

6,951

6,690

Cash at bank

78,938

51,500

85,889

58,190

CREDITORS

Amounts falling due within one year

34,993

32,223

NET CURRENT ASSETS

50,896

25,967

TOTAL ASSETS LESS CURRENT LIABILITIES

52,520

27,415

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

52,516

27,411

SHAREHOLDERS' FUNDS

52,520

27,415

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 5 November 2014 and were signed on its behalf by:

E M T Lewis - 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 royalties, exclusive of 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

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Foreign currencies

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date

of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

20,487

Additions

846

At 31 March 2014

21,333

DEPRECIATION

At 1 April 2013

19,039

Charge for year

670

At 31 March 2014

19,709

NET BOOK VALUE

At 31 March 2014

1,624

At 31 March 2013

1,448

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary

£1

4

4

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2014 the company owed the directors £27,547 (2013:£26,745) This is loaned on an

interest free basis.