REGISTERED NUMBER: 03801201 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2017

for

Abingdon Bathrooms And Kitchens Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Lynch

Mrs Z Lynch

REGISTERED OFFICE:

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

BUSINESS ADDRESS:

2-4 Marcham Road

Abingdon

Oxon

OX14 1AA

REGISTERED NUMBER:

03801201 (England and Wales)

ACCOUNTANTS:

Chapman Robinson and Moore Limited

30 Bankside Court

Stationfields

Kidlington

Oxford

OX5 1JE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

26,927

35,004

26,927

35,004

CURRENT ASSETS

Stocks

128,829

129,547

Debtors

6

48,345

38,842

Cash at bank and in hand

76,728

54,713

253,902

223,102

CREDITORS

Amounts falling due within one year

7

249,044

203,945

NET CURRENT ASSETS

4,858

19,157

TOTAL ASSETS LESS CURRENT LIABILITIES

31,785

54,161

CREDITORS

Amounts falling due after more than one year

8

2,358

8,365

NET ASSETS

29,427

45,796

CAPITAL AND RESERVES

Called up share capital

202

202

Retained earnings

29,225

45,594

29,427

45,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 9 April 2018 and were signed on its behalf by:

Mrs Z Lynch - Director

1.	STATUTORY INFORMATION

Abingdon Bathrooms And Kitchens 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Goodwill

Goodwill has been written off in previous years.

Tangible fixed assets

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

Leasehold land and buildings 15% reducing balance

Plant and machinery 20% reducing balance

Motor vehicles 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Taxation

Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2016

and 31 July 2017

8,353

AMORTISATION

At 1 August 2016

and 31 July 2017

8,353

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2016

and 31 July 2017

64,304

105,136

169,440

DEPRECIATION

At 1 August 2016

60,245

74,191

134,436

Charge for year

609

7,468

8,077

At 31 July 2017

60,854

81,659

142,513

NET BOOK VALUE

At 31 July 2017

3,450

23,477

26,927

At 31 July 2016

4,059

30,945

35,004

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

£

Trade debtors

2,032

3,268

Other debtors

46,313

35,574

48,345

38,842

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

£

Hire purchase contracts

6,007

6,007

Trade creditors

92,104

72,262

Taxation and social security

45,547

50,934

Other creditors

105,386

74,742

249,044

203,945

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/17

31/7/16

£

£

Hire purchase contracts

2,358

8,365