1AB Travel Limited - Limited company - abbreviated

REGISTERED NUMBER: 07878663 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

1AB Travel Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A K Barnes

P A Crang

M S Crang

C P Bainbridge

SECRETARY:

Mrs A K Barnes

REGISTERED OFFICE:

18 Garden Street

Telford House

Darlington

Co. Durham

DL1 1QP

REGISTERED NUMBER:

07878663 (England and Wales)

ACCOUNTANTS:

J P Walters & Co

Chartered Accountants

67 Duke Street

Darlington

Co. Durham

DL3 7SD

FIXED ASSETS

Tangible assets

2

6,042

8,052

CURRENT ASSETS

Cash at bank and in hand

195

5,777

CREDITORS

Amounts falling due within one year

5,874

10,978

NET CURRENT LIABILITIES

(5,679

)

(5,201

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

363

2,851

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

359

2,847

SHAREHOLDERS' FUNDS

363

2,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 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 Board of Directors on 30 September 2014 and were signed on its behalf
by:

Mrs A K Barnes - Director

P A Crang - 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.

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 etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

9,867

DEPRECIATION

At 1 January 2013

1,815

Charge for year

2,010

At 31 December 2013

3,825

NET BOOK VALUE

At 31 December 2013

6,042

At 31 December 2012

8,052

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

4

Ordinary

£1

4

1AB Travel Limited - Limited company - abbreviated - 11.0.0

1AB Travel Limited - Limited company - abbreviated - 11.0.0