Registered Number 05998768

AB TIMBER PRODUCTS LIMITED

Abbreviated Accounts

31 December 2014

AB TIMBER PRODUCTS LIMITED Registered Number 05998768

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 9,504 5,167
9,504 5,167
Current assets
Stocks 19,045 20,145
Debtors 505 2,807
Cash at bank and in hand 32 98
19,582 23,050
Creditors: amounts falling due within one year (32,142 ) (37,265 )
Net current assets (liabilities) (12,560 ) (14,215 )
Total assets less current liabilities (3,056 ) (9,048 )
Creditors: amounts falling due after more than one year (2,787 ) -
Total net assets (liabilities) (5,843 ) (9,048 )
Capital and reserves
Called up share capital 2 2
Profit and loss account (5,845 ) (9,050 )
Shareholders' funds (5,843 ) (9,048 )

  • For the year ending 31 December 2014 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 September 2015

And signed on their behalf by:
A Briggs, Director

AB TIMBER PRODUCTS LIMITED Registered Number 05998768

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1 Accounting 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 net invoiced sales of goods and services

Tangible assets depreciation policy
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 cost

2 Tangible fixed assets
£
Cost
At 1 January 2014 22,290
Additions 7,000
Disposals (6,000 )
Revaluations -
Transfers -
At 31 December 2014 23,290
Depreciation
At 1 January 2014 17,123
Charge for the year 2,063
On disposals (5,400 )
At 31 December 2014 13,786
Net book values
At 31 December 2014 9,504
At 31 December 2013 5,167