Abbey Marble (East Anglia) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06299542 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

Abbey Marble (East Anglia) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

L Fuller

Mrs L Fuller

SECRETARY:

Mrs L Fuller

REGISTERED OFFICE:

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

REGISTERED NUMBER:

06299542 (England and Wales)

ACCOUNTANTS:

Mudd Partners LLP

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

FIXED ASSETS

Tangible assets

4

2,957

4,229

CURRENT ASSETS

Stocks

40,000

40,000

Debtors

5

20,381

4,823

Cash at bank

3,247

-

63,628

44,823

CREDITORS

Amounts falling due within one year

6

54,260

47,679

NET CURRENT ASSETS/(LIABILITIES)

9,368

(2,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,325

1,373

PROVISIONS FOR LIABILITIES

8

150

301

NET ASSETS

12,175

1,072

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

12,075

972

SHAREHOLDERS' FUNDS

12,175

1,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 January 2019 and were signed on its behalf by:

L Fuller - Director

1.	STATUTORY INFORMATION

Abbey Marble (East Anglia) Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of sales to customers, net of discounts, allowances, volume and promotional

rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company

has delivered product to the customer, the customer has accepted the products and collectability of the related

receivable is reasonably assured.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.3% straight line

Stocks

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

moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2017

and 30 April 2018

25,339

1,418

6,588

3,067

36,412

DEPRECIATION

At 1 May 2017

22,416

1,331

5,654

2,782

32,183

Charge for year

731

22

234

285

1,272

At 30 April 2018

23,147

1,353

5,888

3,067

33,455

NET BOOK VALUE

At 30 April 2018

2,192

65

700

-

2,957

At 30 April 2017

2,923

87

934

285

4,229

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

7,480

1,775

Other debtors

379

-

Tax

1,423

1,423

Prepayments

11,099

1,625

20,381

4,823

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Bank loans and overdrafts (see note 7)

-

1,610

Trade creditors

26,016

16,337

Tax

9,323

6,857

Social security and other taxes

204

208

VAT

5,839

4,204

Other creditors

1,139

636

Directors' current accounts

9,089

12,277

Deposits

-

2,000

Accrued expenses

2,650

3,550

54,260

47,679

7.

LOANS

An analysis of the maturity of loans is given below:

30.4.18

30.4.17

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

1,610

8.	PROVISIONS FOR LIABILITIES

30.4.18

30.4.17

£

£

Deferred tax

Accelerated capital allowances

150

301

Deferred

tax

£

Balance at 1 May 2017

301

Credit to Income Statement during year

(151

)

Balance at 30 April 2018

150

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.18

30.4.17

value:

£

£

100

Ordinary shares

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Abbey Marble (East Anglia) Limited for the year ended 30 April 2018 which comprise the

Income Statement, Balance Sheet, Statement of Changes in Equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Abbey Marble (East Anglia) 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 Abbey Marble (East Anglia) Limited and state those matters that we have agreed to state to the Board of Directors of Abbey Marble (East Anglia) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbey Marble (East Anglia) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Abbey Marble (East Anglia) 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 Abbey Marble (East Anglia) Limited. You consider that Abbey Marble (East Anglia) 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 Abbey Marble (East Anglia) 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.

Mudd Partners LLP

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

30 January 2019