Abastra Environmental Limited - Limited company - abbreviated - 11.0.0
Abastra Environmental Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2013 |
| FOR |
| ABASTRA ENVIRONMENTAL LIMITED |
| ABASTRA ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 02335679) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31st October 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| ABASTRA ENVIRONMENTAL LIMITED |
| COMPANY INFORMATION |
| for the year ended 31st October 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| ABASTRA ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 02335679) |
| ABBREVIATED BALANCE SHEET |
| 31st October 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| ABASTRA ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 02335679) |
| ABBREVIATED BALANCE SHEET - continued |
| 31st October 2013 |
| The financial statements were approved by the Board of Directors on |
| ABASTRA ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 02335679) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31st October 2013 |
| 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). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks and work in progress |
| Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes direct |
| materials, labour costs and those overheads that have been incurred to bring the stock to its present location and |
| condition. |
| Deferred tax |
| Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods |
| different from those in which they are included in the company's accounts. Deferred tax is provided in full on |
| timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates |
| that are expected to apply when the timing differences reverse, based on current tax rates and laws. |
| Hire purchase and leasing commitments |
| Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the |
| lessor are charged to the profit and loss account on a straight line basis over the lease term. |
| Assets under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. |
| The corresponding lease and hire purchase obligation is treated in the balance sheet as a liability. The interest |
| element of rental obligations is charged to the profit and loss account over the period of the lease at a constant |
| proportion of the outstanding balance of capital repayments. |
| Website development |
| In accordance with standard practice, it is the company's policy to write off any website development costs in the |
| year they are incurred. |
| ABASTRA ENVIRONMENTAL LIMITED (REGISTERED NUMBER: 02335679) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31st October 2013 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st November 2012 |
| Additions |
| Disposals | ( |
) |
| At 31st October 2013 |
| DEPRECIATION |
| At 1st November 2012 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st October 2013 |
| NET BOOK VALUE |
| At 31st October 2013 |
| At 31st October 2012 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the year ended 31st October 2013 and the |
| period ended 31st October 2012: |
| 2013 | 2012 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Various amounts were advanced to the directors with no variable rate interest charged, with the advance being |
| repayable on demand. |