Registered Number 05998768

AB TIMBER PRODUCTS LIMITED

Abbreviated Accounts

31 December 2015

AB TIMBER PRODUCTS LIMITED Registered Number 05998768

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 8,847 9,504
8,847 9,504
Current assets
Stocks 13,395 19,045
Debtors 624 505
Cash at bank and in hand 119 32
14,138 19,582
Creditors: amounts falling due within one year (26,703 ) (32,142 )
Net current assets (liabilities) (12,565 ) (12,560 )
Total assets less current liabilities (3,718 ) (3,056 )
Creditors: amounts falling due after more than one year (530 ) (2,787 )
Total net assets (liabilities) (4,248 ) (5,843 )
Capital and reserves
Called up share capital 2 2
Profit and loss account (4,250 ) (5,845 )
Shareholders' funds (4,248 ) (5,843 )

  • For the year ending 31 December 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 30 September 2016

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 2015

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 sale of goods

Tangible assets depreciation policy
Depreciation is provided at the following rates to write off assets over their estimated useful life

Plant & Machinery 25% on cost

2 Tangible fixed assets
£
Cost
At 1 January 2015 23,290
Additions 1,423
Disposals -
Revaluations -
Transfers -
At 31 December 2015 24,713
Depreciation
At 1 January 2015 13,786
Charge for the year 2,080
On disposals -
At 31 December 2015 15,866
Net book values
At 31 December 2015 8,847
At 31 December 2014 9,504