For the year ended 31 October 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07397199
Avonbeech Limited
For the year ended 31 October 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Avonbeech Limited
Accountants' Report
For the year ended 31 October 2016
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Avonbeech Limited for the year ended
31
October
2016
which comprise the Profit and Loss Account
,
|
the Balance Sheet and the related notes from the company
'
s accounting records and from information and
|
explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Avonbeech Limited
,
as a body
,
in accordance with the terms
|
of our engagement letter dated
9
February
2012
.
Our work has been undertaken solely to prepare for your approval
|
the accounts of Avonbeech Limited and state those matters that we have agreed to state to the Board of Directors
|
of Avonbeech Limited
,
as a body
,
in this report in accordance with the requirements of the Association of Chartered
|
Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent permitted by
|
law
,
we do not accept or assume responsibility to anyone other than Avonbeech Limited and its Board of Directors
|
as a body for our work or for this report
.
|
It is your duty to ensure that Avonbeech Limited has kept adequate accounting records and to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Avonbeech Limited
.
|
You consider that Avonbeech Limited is exempt from the statutory audit requirement for the year
.
|
James Wright & Co
Chartered Certified Accountants
5 Whytecliffe Road South
Purley
Surrey
CR8 2AY
1 of 4
Notes to the Abbreviated Financial Statements
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Avonbeech Limited
For the year ended 31 October 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
Computer Equipment
Motor Vehicles
Fixtures and Fittings
3 of 4
Notes to the Abbreviated Financial Statements
|
Avonbeech Limited
For the year ended 31 October 2016
37,462
5,848
(183)
43,127
27,953
8,624
Charge for year
36,577
6,550
9,509
Allotted called up and fully paid
|
2016
2015
2
Ordinary shares of £
1
.
00
each
|
2
2
2
2
4 of 4