Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Able Hydraulics Limited
Contents
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Able Hydraulics Limited
(Registration number: 01593258)
Abbreviated Balance Sheet at 29 February 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
R Phelan
Director
1
Able Hydraulics Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Motor Vehicles |
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Plant and Machinery |
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Stock
Deferred tax
Hire purchase and leasing
Financial instruments
Pensions
Able Hydraulics Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 March 2015 |
235,016 |
235,016 |
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Additions |
2,120 |
2,120 |
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Disposals |
(21,160) |
(21,160) |
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At 29 February 2016 |
215,976 |
215,976 |
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Depreciation |
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At 1 March 2015 |
174,429 |
174,429 |
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Charge for the year |
9,408 |
9,408 |
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Eliminated on disposals |
(15,648) |
(15,648) |
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At 29 February 2016 |
168,189 |
168,189 |
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Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
228,413 |
479,225 |
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Amounts falling due after more than one year |
- |
25,331 |
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Total secured creditors |
228,413 |
504,556 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Control |
The company is controlled by