Abbott Garden Services Limited

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 05502607

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	6		11,175		636

			11,175		636
CURRENT ASSETS
Stocks	7	500		500
Debtors	8	3,942		-
Cash at bank and in hand		8,387		13,694

		12,829		14,194
Creditors: Amounts Falling Due Within One Year	9	(1,630 )		(4,243 )

NET CURRENT ASSETS (LIABILITIES)			11,199		9,951

TOTAL ASSETS LESS CURRENT LIABILITIES			22,374		10,587

Creditors: Amounts Falling Due After More Than One Year	10		(19,835 )		(9,640 )

NET ASSETS			2,539		947

CAPITAL AND RESERVES
Called up share capital	11		1		1
Profit and loss account			2,538		946

SHAREHOLDERS' FUNDS			2,539		947

Page 1

Balance Sheet (continued)

As at 30 September 2017

For the year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr Darren Abbott

15/02/2018

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 October 2015	1	845	846
Profit for the year and total comprehensive income	-	12,601	12,601

Dividends paid	-	(12,500)	(12,500)

As at 30 September 2016 and 1 October 2016	1	946	947


Profit for the year and total comprehensive income	-	6,592	6,592

Dividends paid	-	(5,000)	(5,000)

As at 30 September 2017	1	2,538	2,539

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% pa on a reducing balance basis.
Motor Vehicles	20% pa on a reducing balance basis.

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

Page 4

Abbott Garden Services Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 30 September 2017

6. Tangible Assets


	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 October 2016	250	7,550	7,800
Additions	-	13,930	13,930
Disposals	-	(7,550 )	(7,550 )

As at 30 September 2017	250	13,930	14,180

Depreciation
As at 1 October 2016	213	6,951	7,164
Provided during the period	6	2,786	2,792
Disposals	-	(6,951 )	(6,951 )

As at 30 September 2017	219	2,786	3,005

Net Book Value
As at 30 September 2017	31	11,144	11,175

As at 1 October 2016	37	599	636

7. Stocks

	2017	2016
	£	£
Stock - materials and work in progress	500	500

	500	500

8. Debtors

	2017	2016
	£	£
Due within one year
Other debtors	2,415	-
Corporation tax recoverable	1,527	-

	3,942	-

Page 5

Abbott Garden Services Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 30 September 2017

9. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Corporation tax	-	3,177
Other taxes and social security	726	826
Other creditors	104	-
Accruals	800	240

	1,630	4,243

10. Creditors: Amounts Falling Due After More Than One Year

	2017	2016
	£	£
Bank loans	1,250	-
Directors loan account	18,585	9,640

	19,835	9,640

11. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

12. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	5,000	12,500

	5,000	12,500

13. Ultimate Controlling Party

The company's ultimate controlling party is Mr Darren Abbott by virtue of his ownership of 100% of the issued share capital in the company.

14. General Information

Abbott Garden Services Limited Registered number 05502607 is a limited by shares company incorporated in England & Wales. The Registered Office is 87 Wollaton Avenue, Gedling, Nottingham, NG4 4HY.