REGISTERED NUMBER: 05470609

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Abbotts & Sons Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Paul

Mrs C M Paul

SECRETARY:

Mrs C M Paul

REGISTERED OFFICE:

1 Minerva Close

Staines

Middlesex

TW19 6DA

REGISTERED NUMBER:

05470609

ACCOUNTANTS:

Accord Accountants

191-193 High Street

Hampton Hill

Middlesex

TW12 1NL

FIXED ASSETS

Tangible assets

2

7,349

9,776

CURRENT ASSETS

Stocks

1,196

1,006

Cash at bank

5,495

6,940

6,691

7,946

CREDITORS

Amounts falling due within one year

13,555

15,205

NET CURRENT LIABILITIES

(6,864

)

(7,259

)

TOTAL ASSETS LESS CURRENT LIABILITIES

485

2,517

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

483

2,515

SHAREHOLDERS' FUNDS

485

2,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 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 15 March 2017 and were signed on its behalf by:

D Paul - 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 15% on reducing balance

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 July 2015

and 30 June 2016

17,900

DEPRECIATION

At 1 July 2015

8,124

Charge for year

2,427

At 30 June 2016

10,551

NET BOOK VALUE

At 30 June 2016

7,349

At 30 June 2015

9,776

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

ordinary

1

2

2