Abbreviated Company Accounts - A BLUE LIMITED

Abbreviated Company Accounts - A BLUE LIMITED


Registered Number NI038996

A BLUE LIMITED

Abbreviated Accounts

31 July 2016

A BLUE LIMITED Registered Number NI038996

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 17,879 22,442
Investments - -
17,879 22,442
Current assets
Stocks 120,000 122,000
Debtors 70,344 72,158
Investments - -
Cash at bank and in hand 107,436 116,724
297,780 310,882
Prepayments and accrued income - -
Creditors: amounts falling due within one year (142,197) (161,701)
Net current assets (liabilities) 155,583 149,181
Total assets less current liabilities 173,462 171,623
Creditors: amounts falling due after more than one year (12,300) (12,300)
Provisions for liabilities (3,576) (4,488)
Accruals and deferred income 0 0
Total net assets (liabilities) 157,586 154,835
Capital and reserves
Called up share capital 3 6,000 6,000
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 151,586 148,835
Shareholders' funds 157,586 154,835
  • For the year ending 31 July 2016 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 24 April 2017

And signed on their behalf by:
Alan Blue, Director

A BLUE LIMITED Registered Number NI038996

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

Tangible assets depreciation policy
Depreciation is provided on a straight line basis at the following rates in order to write off the assets over their estimated useful lives.

Industrial buildings 4%
Plant & Machinery 10%
Computer Equipment 20%
Motor vehicles 20%

Other accounting policies
Stocks are values at the lower of cost or net realisable value.

2Tangible fixed assets
£
Cost
At 1 August 2015 59,126
Additions 1,106
Disposals -
Revaluations -
Transfers -
At 31 July 2016 60,232
Depreciation
At 1 August 2015 36,684
Charge for the year 5,669
On disposals -
At 31 July 2016 42,353
Net book values
At 31 July 2016 17,879
At 31 July 2015 22,442
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
60,000Ordinary shares of £0.10 each 6,000 6,000

4Transactions with directors

Name of director receiving advance or credit: Alan Blue
Description of the transaction: Loan to Director - repaid
Balance at 1 August 2015: £ 2,000
Advances or credits made: -
Advances or credits repaid: £ 2,000
Balance at 31 July 2016: £ 0