REGISTERED NUMBER: 05622935

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

AB SUNDECKS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Beaumont

Mrs L J Beaumont

REGISTERED OFFICE:

Beaumont House

Devonshire Road

Oakhill Trading Estate

Worsley

Manchester

M28 3PT

REGISTERED NUMBER:

05622935

ACCOUNTANTS:

Styles and Co Accountants Limited

Chartered Accountants

Heather House

473 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QU

FIXED ASSETS

Intangible assets

2

7,545

12,689

Tangible assets

3

977,042

1,010,586

984,587

1,023,275

CURRENT ASSETS

Stocks

248,561

239,715

Debtors

891,134

902,656

Cash at bank

1,086,191

120,165

2,225,886

1,262,536

CREDITORS

Amounts falling due within one year

4

(1,155,891

)

(724,547

)

NET CURRENT ASSETS

1,069,995

537,989

TOTAL ASSETS LESS CURRENT LIABILITIES

2,054,582

1,561,264

CREDITORS

Amounts falling due after more than one year

4

(456,370

)

(472,729

)

PROVISIONS FOR LIABILITIES

(42,000

)

(29,000

)

NET ASSETS

1,556,212

1,059,535

CAPITAL AND RESERVES

Called up share capital

5

50

100

Capital redemption reserve

50

-

Profit and loss account

1,556,112

1,059,435

SHAREHOLDERS' FUNDS

1,556,212

1,059,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 December 2014 and were signed on its behalf by:

D J Beaumont - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Development costs

Development costs, being the amount paid in connection with software development is being

amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and equipment

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

3 years straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

23,833

AMORTISATION

At 1 April 2013

11,144

Amortisation for year

5,144

At 31 March 2014

16,288

NET BOOK VALUE

At 31 March 2014

7,545

At 31 March 2013

12,689

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

1,208,464

Additions

442,786

Disposals

(400,685

)

At 31 March 2014

1,250,565

DEPRECIATION

At 1 April 2013

197,878

Charge for year

176,407

Eliminated on disposal

(100,762

)

At 31 March 2014

273,523

NET BOOK VALUE

At 31 March 2014

977,042

At 31 March 2013

1,010,586

4.

CREDITORS

Creditors include an amount of £ 602,456 (31.3.13 - £ 563,451 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.3.14

31.3.13

£

£

Repayable by instalments

192,982

242,536

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

50

100