A2B Shop Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09871557 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

13 November 2015 to 30 November 2016

for

A2B Shop Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K Haden

REGISTERED OFFICE:

701 Stonehouse Park

Sperry Way

Stonehouse

Gloucestershire

GL10 3UT

REGISTERED NUMBER:

09871557 (England and Wales)

ACCOUNTANTS:

GCSD Accountants Limited

Chartered Accountants

701 Stonehouse Park

Sperry Way

Stonehouse

Gloucestershire

GL10 3UT

FIXED ASSETS

Tangible assets

2

1,949

CURRENT ASSETS

Stocks

213,192

Cash at bank

44,028

257,220

CREDITORS

Amounts falling due within one year

229,886

NET CURRENT ASSETS

27,334

TOTAL ASSETS LESS CURRENT LIABILITIES

29,283

CREDITORS

Amounts falling due after more than one year

(30,000

)

PROVISIONS FOR LIABILITIES

(390

)

NET LIABILITIES

(1,107

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(1,109

)

SHAREHOLDERS' FUNDS

(1,107

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 21 June 2017 and were signed by:

K Haden - 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

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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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

Additions

2,632

At 30 November 2016

2,632

DEPRECIATION

Charge for period

683

At 30 November 2016

683

NET BOOK VALUE

At 30 November 2016

1,949

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Called up share capital

1

2