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REGISTERED NUMBER: 05998768 (England and Wales)















AB TIMBER PRODUCTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBE






AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2016




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 5


AB TIMBER PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2016







DIRECTOR: A Briggs





SECRETARY: Mrs A Briggs





REGISTERED OFFICE: 12 Fair View Road
Dronfield
Derbyshire
S18 2HG





REGISTERED NUMBER: 05998768 (England and Wales)





ACCOUNTANTS: Ian R Collins & Co
The Bridge House
Mill Lane
Dronfield
Derbyshire
S18 2XL

AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

ABRIDGED BALANCE SHEET
31ST DECEMBER 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 3 9,450 8,847

CURRENT ASSETS
Stocks 19,395 13,395
Debtors 1,424 624
Cash at bank and in hand 235 119
21,054 14,138
CREDITORS
Amounts falling due within one
year

(30,336

)

(26,703

)
NET CURRENT LIABILITIES (9,282 ) (12,565 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

168

(3,718

)

CREDITORS
Amounts falling due after more
than one year

4

-

(530

)
NET ASSETS/(LIABILITIES) 168 (4,248 )

AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2016

2016 2015
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 166 (4,250 )
SHAREHOLDERS' FUNDS 168 (4,248 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 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.

AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 11th September 2017 and were
signed by:





A Briggs - Director


AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2016

1. STATUTORY INFORMATION

AB Timber Products Limited is a private company, limited by shares , registered in
England and Wales. The company's registered number and registered office address
can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable,
excluding discounts, rebates, value added tax and other sales taxes.

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 cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the
Income Statement, except to the extent that it relates to items recognised in other
comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws
that that have been enacted or substantively enacted by the balance sheet date.


AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2016

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but
not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax
assessments in periods different from those in which they are recognised in financial
statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent
that it is probable that they will be recovered against the reversal of deferred tax
liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line
basis over the period of the lease.

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2016 24,713
Additions 1,677
At 31st December 2016 26,390
DEPRECIATION
At 1st January 2016 15,866
Charge for year 1,074
At 31st December 2016 16,940
NET BOOK VALUE
At 31st December 2016 9,450
At 31st December 2015 8,847

AB TIMBER PRODUCTS LIMITED (REGISTERED NUMBER: 05998768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2016

4. CREDITORS: AMOUNTS FALLING DUE AFTER
MORE THAN ONE YEAR
2016 2015
£    £   
Bank loans - 530

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2 Ordinary 1 2 2