REGISTERED NUMBER: SC297580 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ABACUS PLUMBING & HEATING (AYRSHIRE) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J W Gerrard

REGISTERED OFFICE:

7 Royal Crescent

Glasgow

Lanarkshire

G3 7SL

REGISTERED NUMBER:

SC297580 (Scotland)

ACCOUNTANTS:

K M Stewart & Company

7 Royal Crescent

Glasgow

G3 7SL

BANKERS:

The Royal Bank of Scotland

30 Sandgate

Ayr

Ayrshire

KA7 1BY

FIXED ASSETS

Tangible assets

2

3,986

5,316

CURRENT ASSETS

Debtors

-

2,815

Prepayments and accrued income

13

222

Cash at bank

10,425

3,107

10,438

6,144

CREDITORS

Amounts falling due within one year

13,625

11,260

NET CURRENT LIABILITIES

(3,187

)

(5,116

)

TOTAL ASSETS LESS CURRENT LIABILITIES

799

200

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

699

100

SHAREHOLDERS' FUNDS

799

200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 September 2016 and were signed by:

J W Gerrard - 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 goods, 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.

Plant and machinery etc

-

25% on reducing balance and Straight line over 3 years

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

9,478

Additions

116

At 31 March 2016

9,594

DEPRECIATION

At 1 April 2015

4,162

Charge for year

1,446

At 31 March 2016

5,608

NET BOOK VALUE

At 31 March 2016

3,986

At 31 March 2015

5,316

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary Shares

100

100

100

1 Ordinary Shares share of 100 was allotted and fully paid for cash at par during the year.