058160262015-06-012016-05-31falsetruehttp://www.companieshouse.gov.uk/2015-05-31http://www.companieshouse.gov.uk/cd:Director12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-06-012016-05-31http://www.companieshouse.gov.uk/2014-06-012015-05-31http://www.companieshouse.gov.uk/2015-06-012016-05-31http://www.companieshouse.gov.uk/2015-05-31http://www.companieshouse.gov.uk/2016-05-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-06-012016-05-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 05816026

ABOVO MANAGEMENT LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/05/2016

Prepared By:

Brody Lee Kershaw Ltd

Chartered Accountants

2nd Floor Hanover House

30 Charlotte Street

Manchester

M1 4EX

ABOVO MANAGEMENT LTD

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/05/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 05816026

ABOVO MANAGEMENT LTD

Registered Number: 05816026
BALANCE SHEET AT 31/05/2016
						2016				2015
		Notes				£				£
FIXED ASSETS
Tangible assets		2				7,434				2,783
CURRENT ASSETS
Debtors (amounts falling due within one year)		3		2,994				11,383
Cash at bank and in hand				239,039				308,078
				242,033				319,461
CREDITORS: Amounts falling due within one year				21,408				66,354
NET CURRENT ASSETS						220,625				253,107
TOTAL ASSETS LESS CURRENT LIABILITIES						228,059				255,890
CAPITAL AND RESERVES
Called up share capital		4				100				100
Profit and loss account						227,959				255,790
SHAREHOLDERS' FUNDS						228,059				255,890
For the year ending 31/05/2016 the company was entitled to exemption 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 22/01/2017 and signed on their behalf by
Zahid AZRAM
Director

ABOVO MANAGEMENT LTD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/05/2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Cash Flow Statement

The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment		reducing balance 33.33%

1d. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

1e. Turnover

Turnover represents the invoiced value of services supplied by the company, net of value added tax.

ABOVO MANAGEMENT LTD

2. TANGIBLE FIXED ASSETS
		Equipment		Total
		£		£
Cost
At 01/06/2015		8,068		8,068
Additions		6,056		6,056
At 31/05/2016		14,124		14,124
Depreciation
At 01/06/2015		5,285		5,285
For the year		1,405		1,405
At 31/05/2016		6,690		6,690
Net Book Amounts
At 31/05/2016		7,434		7,434
At 31/05/2015		2,783		2,783

3. DEBTORS				2016		2015
				£		£
Amounts falling due within one year:
Trade debtors				2,994		11,383
				2,994		11,383

4. SHARE CAPITAL				2016		2015
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

5. RELATED PARTY TRANSACTIONS

Dividends paid to the director and members of their close family during the year were £73200 (2015 - £37000).

The amount owing to the directors at the year-end was £148 (2015 - £438 )

ABOVO MANAGEMENT LTD

6. CONTROLLING PARTY

Mr Z Azram, the director, controls the company by virtue of a controlling interest (directly or indirectly) of 100% of the issued ordinary share capital.