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REGISTERED NUMBER: 04517389 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st December 2016

for

Abson Limited

Abson Limited (Registered number: 04517389)






Contents of the Financial Statements
for the Year Ended 31st December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Abson Limited

Company Information
for the Year Ended 31st December 2016







DIRECTORS: P C Cole
Mrs A M Cole





SECRETARY: P C Cole





REGISTERED OFFICE: Wood Nook House
Wood Nook Lane
Meltham
Holmfirth
HD9 4DU





REGISTERED NUMBER: 04517389 (England and Wales)

Abson Limited (Registered number: 04517389)

Balance Sheet
31st December 2016

31.12.16 31.12.15
Notes £    £   
CURRENT ASSETS
Stocks 435,622 435,555
Cash at bank 443 289
436,065 435,844
CREDITORS
Amounts falling due within one year 4 450,367 449,450
NET CURRENT LIABILITIES (14,302 ) (13,606 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,302

)

(13,606

)

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings (14,303 ) (13,607 )
SHAREHOLDERS' FUNDS (14,302 ) (13,606 )

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4th September 2017 and were signed on its behalf
by:





P C Cole - Director


Abson Limited (Registered number: 04517389)

Notes to the Financial Statements
for the Year Ended 31st December 2016

1. STATUTORY INFORMATION

Abson Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company
becomes party to the contractual provisions of the instruments.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Abson Limited (Registered number: 04517389)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Amounts owed to group undertakings 401,820 401,017
Other creditors 48,547 48,433
450,367 449,450

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.16 31.12.15
value: £    £   
1 Ordinary £1 1 1