2ABLE_LTD - Accounts

2ABLE LTD - Company Information

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Company Registration No. 07080945 (England and Wales)

2ABLE LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

2ABLE LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Current assets

Debtors

7,471

23,569

Cash at bank and in hand

8,268

3,178

15,739

26,747

Creditors: amounts falling due within one year

(12,534)

(22,758)

Total assets less current liabilities

3,205

3,989

Capital and reserves

Called up share capital

100

Profit and loss account

3,105

3,889

Shareholders' funds

3,205

3,989

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 December 2014

B Williams

Director

Company Registration No. 07080945

2ABLE LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Related party relationships and transactions

Other transactions

The company's directors traded with the company through their own limited companies, Position Focus Limited (owner-director B Crowley) and Triangle Media Limited (owner-director B Williams). The sums invoiced to 2able Ltd were £19,250 (2013: £19,250) from each company.