REGISTERED NUMBER: SC163449 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

A B A Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G A Blackadder

Ms S E Fogg

Mrs A Mathewson

Mrs D J Abernethy

SECRETARY:

Mrs A Mathewson

REGISTERED OFFICE:

Kirk Business Centre

Castle Road

Scalloway

Shetland

ZE1 0TF

REGISTERED NUMBER:

SC163449 (Scotland)

ACCOUNTANTS:

Bon Accord Accountancy Limited

2 North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

CURRENT ASSETS

Debtors

-

257

Cash at bank and in hand

-

1,114

-

1,371

CREDITORS

Amounts falling due within one year

145

627

NET CURRENT (LIABILITIES)/ASSETS

(145

)

744

TOTAL ASSETS LESS CURRENT LIABILITIES

(145

)

744

RESERVES

Income and expenditure account

(145

)

744

(145

)

744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 surplus or deficit 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 28 April 2017 and were signed on its behalf by:

G A Blackadder - 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 January 2015).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis

over the period of the lease.

Pension costs

Employees are eligible for membership of the Local Government Pension Scheme, a multi-employer defined

benefit statutory scheme, administered by Shetland Islands Council in accordance with the Local Government

Pension Scheme (Scotland) Regulations 1998 as amended.

The contributions to the scheme are charged to the profit and loss account so as to spread the costs of pensions

over the service lives of employees. Variations from the regular costs are spread over the average expected

remaining work lives of current members in the scheme.

Although it is possible to obtain an actuarial valuation of the assets and liabilities of the scheme attributable to

company employees' membership of the scheme, which is in deficit, the directors have not obtained such a

valuation, due to the costs involved. Accordingly, no provision has been made in the financial statements of the

company in respect of the net liabilities of the scheme attributable to the company of the scheme, and employees'

membership only the contributions payable to the scheme for the accounting period, have been recognised in the

financial statements within operating profit in the profit and loss account. This represents a departure from the

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

Company limited by guarantee

Guarentees have been given by the directors totalling £1 each.