Aabyss Computers Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04726959 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Aabyss Computers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

T Midwood

SECRETARY:

T Midwood

REGISTERED OFFICE:

19 Meridian Business Village

Liverpool

Merseyside

L24 9LG

REGISTERED NUMBER:

04726959 (England and Wales)

ACCOUNTANTS:

Haines Watts

3rd Floor

Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Intangible assets

2

156,476

173,862

Tangible assets

3

9,855

6,602

166,331

180,464

CURRENT ASSETS

Stocks

99,594

95,357

Debtors

347,393

208,740

Cash at bank and in hand

1,604

1,164

448,591

305,261

CREDITORS

Amounts falling due within one year

269,583

227,647

NET CURRENT ASSETS

179,008

77,614

TOTAL ASSETS LESS CURRENT LIABILITIES

345,339

258,078

CREDITORS

Amounts falling due after more than one year

66,250

-

NET ASSETS

279,089

258,078

CAPITAL AND RESERVES

Called up share capital

4

50

50

Capital redemption reserve

50

50

Profit and loss account

278,989

257,978

SHAREHOLDERS' FUNDS

279,089

258,078

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 27 February 2015 and were signed by:

T Midwood - 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 invoiced sales of goods, excluding value added tax.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

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

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

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 the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

347,725

AMORTISATION

At 1 June 2013

173,863

Amortisation for year

17,386

At 31 May 2014

191,249

NET BOOK VALUE

At 31 May 2014

156,476

At 31 May 2013

173,862

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

118,252

Additions

8,995

At 31 May 2014

127,247

DEPRECIATION

At 1 June 2013

111,650

Charge for year

5,742

At 31 May 2014

117,392

NET BOOK VALUE

At 31 May 2014

9,855

At 31 May 2013

6,602

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

50

Ordinary shares

£1

50

50