REGISTERED NUMBER: SC322692 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2013

for

Abacus 07 Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Fallon

Miss R M Berg

SECRETARY:

Miss R M Berg

REGISTERED OFFICE:

23 Symington Street

Leadhills

Lanarkshire

ML12 6YE

REGISTERED NUMBER:

SC322692 (Scotland)

ACCOUNTANTS:

Grampian Accounting

3 Prospect Place

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6SY

FIXED ASSETS

Tangible assets

2

1

1

CURRENT ASSETS

Stocks

2,627

-

Cash at bank

6,417

7,491

9,044

7,491

CREDITORS

Amounts falling due within one year

8,165

6,689

NET CURRENT ASSETS

879

802

TOTAL ASSETS LESS CURRENT LIABILITIES

880

803

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

878

801

SHAREHOLDERS' FUNDS

880

803

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2013 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 10 October 2013 and were signed on its behalf by:

R Fallon - 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 April 2008).

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.

Plant and machinery etc

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 May 2012

and 30 April 2013

500

DEPRECIATION

At 1 May 2012

and 30 April 2013

499

NET BOOK VALUE

At 30 April 2013

1

At 30 April 2012

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.13

30.4.12

value:

£

£

2

Ordinary

£1

2

2