Registered Number 06481293
ADVANCED BUILDING MANAGEMENT LIMITED
Abbreviated Accounts
31 January 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
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 (liabilities) |
( |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 15% Written down value
Motor vehicles 25% Written down value
Intangible assets amortisation policy
Stock is valued at the lower of cost and net reliable value.
Other accounting policies
Notwithstanding the net asset deficiency,the financial statements have been prepared on is going
concern basis as in the opinion of the directors,the company has sufficient financial support from
its creditors and shareholders to pay its debts as they fall due.
£ | |
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Cost | |
At 1 February 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 January 2015 |
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Amortisation | |
At 1 February 2014 |
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Charge for the year |
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On disposals |
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At 31 January 2015 |
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Net book values | |
At 31 January 2015 | 2,340 |
At 31 January 2014 | 3,120 |
£ | |
---|---|
Cost | |
At 1 February 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 January 2015 |
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Depreciation | |
At 1 February 2014 |
|
Charge for the year |
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On disposals |
|
At 31 January 2015 |
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Net book values | |
At 31 January 2015 | 38,084 |
At 31 January 2014 | 41,256 |