ABLE-DIRECT NORTHAMPTON LIMITED
REGISTERED NUMBER:
08057257
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2014
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CREDITORS:
amounts falling due within one year
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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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The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act")
and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 June 2014 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on
19 June 2015
.
The notes on pages 2 to 3 form part of these financial statements.
Page 1
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ABLE-DIRECT NORTHAMPTON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
1.
ACCOUNTING POLICIES
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Basis of preparation of financial statements
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The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention as modified by the revaluation of fixed asset investments
and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)
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The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.
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The financial statements do not include a Cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Fixed asset investments are held at cost and are reviewed annually for impairment. Revaluation gains and losses are recognised in the statement of total recognised gains and losses unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the losses are recognised in the Profit and loss account.
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2.
FIXED ASSET INVESTMENTS
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At 1 July 2013 and 30 June 2014
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Subsidiary undertakings
The following were subsidiary undertakings of the company:
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Able-Direct Centre Limited
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The aggregate of the share capital and reserves as at 30 June 2014 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
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Aggregate of share capital and reserves
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Able-Direct Centre Limited
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3.
DEBTORS
Page 2
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ABLE-DIRECT NORTHAMPTON LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
Debtors include £61,637
(2013 - £
39,407
)
falling due after more than one year.
4.
SHARE CAPITAL
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Allotted, called up and fully paid
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100
Ordinary shares
shares of £
1
each
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Page 3
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