Company Registration No. 09248195 (England and Wales)
ABY DECORATING LTD
Unaudited accounts
for the year ended 30 September 2021
ABY DECORATING LTD
Unaudited accounts
Contents
ABY DECORATING LTD
Company Information
for the year ended 30 September 2021
Company Number
09248195 (England and Wales)
Registered Office
6 Ullswater Way
Hornchurch
RM12 5JU
England
ABY DECORATING LTD
Statement of financial position
as at
30 September 2021
Tangible assets
14,279
15,785
Cash at bank and in hand
25,361
43,714
Creditors: amounts falling due within one year
(78,338)
(136,780)
Net current assets
44,008
23,658
Total assets less current liabilities
58,287
39,443
Creditors: amounts falling due after more than one year
(50,000)
(2,564)
Called up share capital
1
1
Profit and loss account
8,286
36,878
Shareholders' funds
8,287
36,879
For the year ending 30 September 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2022 and were signed on its behalf by
Atanas YANEV
Director
Company Registration No. 09248195
ABY DECORATING LTD
Notes to the Accounts
for the year ended 30 September 2021
ABY DECORATING LTD is a private company, limited by shares, registered in England and Wales, registration number 09248195. The registered office is 6 Ullswater Way, Hornchurch, RM12 5JU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2020
-
21,648
-
21,648
Additions
2,334
-
503
2,837
At 30 September 2021
2,334
21,648
503
24,485
At 1 October 2020
-
5,863
-
5,863
Charge for the year
194
3,897
252
4,343
At 30 September 2021
194
9,760
252
10,206
At 30 September 2021
2,140
11,888
251
14,279
At 30 September 2020
-
15,785
-
15,785
ABY DECORATING LTD
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
66,945
97,053
Other debtors
20,417
19,671
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
502
16,285
Obligations under finance leases and hire purchase contracts
2,565
6,583
Trade creditors
15,685
11,717
Taxes and social security
2,195
15,027
Other creditors
2,730
37,600
Loans from directors
54,661
10,603
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
-
2,564
8
Average number of employees
During the year the average number of employees was 2 (2020: 1).