Abbreviated Company Accounts - ABUNDANT LIFE LTD

Registered Number 05783530

ABUNDANT LIFE LTD

Abbreviated Accounts

29 April 2015

ABUNDANT LIFE LTD Registered Number 05783530

Abbreviated Balance Sheet as at 29 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	398	597
		398	597
Current assets
Debtors		13,982	491
Cash at bank and in hand		22,787	36,159
		36,769	36,650
Creditors: amounts falling due within one year		(3,838)	(11,560)
Net current assets (liabilities)		32,931	25,090
Total assets less current liabilities		33,329	25,687
Provisions for liabilities		(80)	(86)
Total net assets (liabilities)		33,249	25,601
Capital and reserves
Called up share capital		150	150
Profit and loss account		33,099	25,451
Shareholders' funds		33,249	25,601

For the year ending 29 April 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 April 2016

And signed on their behalf by:
Dr G Greiss, Director

ABUNDANT LIFE LTD Registered Number 05783530

Notes to the Abbreviated Accounts for the period ended 29 April 2015

1Accounting Policies

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

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).

Turnover policy
Turnover represents the total fees receivable in the year and derives from the provision of services falling within the company’s ordinary activities.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Equipment 25% straight line

Other accounting policies
Revenue recognition
Revenue is recognised as earned income when, and to the extent that, the company obtains the right to consideration in exchange for services it has provided.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 May 2014	1,449
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 April 2015	1,449
Depreciation
At 1 May 2014	852
Charge for the year	199
On disposals	-
At 29 April 2015	1,051
Net book values
At 29 April 2015	398
At 30 April 2014	597