REGISTERED NUMBER: 05923309 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ABUDEY & CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S L Abudey

Y Kusi

SECRETARY:

Mrs J J Hamilton - Abudey

REGISTERED OFFICE:

First Floor

14 - 16 Powis Street

Woolwich

London

SE18 6LF

REGISTERED NUMBER:

05923309 (England and Wales)

ACCOUNTANTS:

ABUDEY & CO (ACCOUNTANTS)

First Floor

14-16 Powis Street

Woolwich

London

SE18 6LF

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

7,445

8,157

7,445

8,157

CURRENT ASSETS

Debtors

47,391

51,364

Prepayments and accrued income

23,589

11,250

Cash at bank and in hand

139,519

93,271

210,499

155,885

CREDITORS

Amounts falling due within one year

84,068

63,482

NET CURRENT ASSETS

126,431

92,403

TOTAL ASSETS LESS CURRENT LIABILITIES

133,876

100,560

CREDITORS

Amounts falling due after more than one year

39,039

33,939

NET ASSETS

94,837

66,621

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

94,737

66,521

SHAREHOLDERS' FUNDS

94,837

66,621

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 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 29 June 2017 and were signed on its behalf by:

S L Abudey - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

150,000

AMORTISATION

At 1 October 2015

and 30 September 2016

150,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

20,884

Additions

932

At 30 September 2016

21,816

DEPRECIATION

At 1 October 2015

12,727

Charge for year

1,644

At 30 September 2016

14,371

NET BOOK VALUE

At 30 September 2016

7,445

At 30 September 2015

8,157

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary

1

100

100