Company Registration No. 02983435 (England and Wales)
Abacus Accounts Limited
Unaudited accounts
for the year ended 30 April 2017
Abacus Accounts Limited
Unaudited accounts
Contents
Abacus Accounts Limited
Company Information
for the year ended 30 April 2017
Secretary
Christopher Ellson
Company Number
02983435 (England and Wales)
Registered Office
54 CHURCH ROAD, CATWORTH
HUNTINGDON
CAMBRIDGESHIRE
PE28 0PA
Abacus Accounts Limited
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
24,727
11,591
Creditors: amounts falling due within one year
(24,724)
(11,588)
Called up share capital
2
2
Profit and loss account
1
1
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 26 June 2107.
Philippa Ellson
Director
Company Registration No. 02983435
Abacus Accounts Limited
Notes to the Accounts
for the year ended 30 April 2017
Abacus Accounts Limited is a private company, limited by shares, registered in England and Wales, registration number 02983435. The registered office and principal place of business is 54 CHURCH ROAD, CATWORTH, HUNTINGDON, CAMBRIDGESHIRE, PE28 0PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Creditors: amounts falling due within one year
2017
2016
Other taxes and social security costs
117
150
Loans from directors
24,361
11,279
5
Average number of employees
During the year the average number of employees was 1 (2016: 1).