Company Registration No. 09248195 (England and Wales)
ABY DECORATING LTD
Unaudited accounts
for the year ended 30 September 2020
ABY DECORATING LTD
Unaudited accounts
Contents
ABY DECORATING LTD
Company Information
for the year ended 30 September 2020
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 2020
Tangible assets
15,785
8,958
Cash at bank and in hand
43,714
11,489
Creditors: amounts falling due within one year
(136,780)
(95,868)
Net current assets/(liabilities)
23,658
(7,499)
Total assets less current liabilities
39,443
1,459
Creditors: amounts falling due after more than one year
(2,564)
-
Called up share capital
1
1
Profit and loss account
36,878
1,458
Shareholders' funds
36,879
1,459
For the year ending 30 September 2020 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 30 June 2021 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 2020
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
Motor vehicles
Cost or valuation
At cost
At 30 September 2020
21,648
Charge for the year
3,897
At 30 September 2020
5,863
At 30 September 2020
15,785
At 30 September 2019
8,958
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
97,053
69,301
Other debtors
19,671
7,579
ABY DECORATING LTD
Notes to the Accounts
for the year ended 30 September 2020
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
16,285
23,611
Obligations under finance leases and hire purchase contracts
6,583
7,904
Trade creditors
11,717
7,184
Taxes and social security
15,027
18,939
Other creditors
37,600
1,630
Loans from directors
10,603
36,600
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
2,564
-
8
Average number of employees
During the year the average number of employees was 1 (2019: 1).