REGISTERED NUMBER: 07099324 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

A.B.I PLUMBING AND HEATING LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTOR:

Mr P King

REGISTERED OFFICE:

33 Church Avenue

Farnborough

Hampshire

GU14 7AT

REGISTERED NUMBER:

07099324 (England and Wales)

ACCOUNTANTS:

Wallis White & Co

Accountants and Tax Consultants

The Ivy House

1 Folly Lane

Petersfield

Hampshire

GU31 4AU

FIXED ASSETS

Tangible assets

4

34,136

18,959

CURRENT ASSETS

Debtors

5

119,330

104,696

Cash at bank and in hand

59,945

27,262

179,275

131,958

CREDITORS

Amounts falling due within one year

6

122,069

104,405

NET CURRENT ASSETS

57,206

27,553

TOTAL ASSETS LESS CURRENT LIABILITIES

91,342

46,512

CREDITORS

Amounts falling due after more than one year

7

(17,923

)

-

PROVISIONS FOR LIABILITIES

(6,683

)

-

NET ASSETS

66,736

46,512

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

66,734

46,510

SHAREHOLDERS' FUNDS

66,736

46,512

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 September 2017 and were signed by:

Mr P King - Director

1.	STATUTORY INFORMATION

A.b.i Plumbing And Heating 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.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2016

21,750

3,290

25,040

Additions

26,202

-

26,202

At 31 December 2016

47,952

3,290

51,242

DEPRECIATION

At 1 January 2016

5,438

643

6,081

Charge for year

10,628

397

11,025

At 31 December 2016

16,066

1,040

17,106

NET BOOK VALUE

At 31 December 2016

31,886

2,250

34,136

At 31 December 2015

16,312

2,647

18,959

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

119,330

79,393

Other debtors

-

25,303

119,330

104,696

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

60,356

53,246

Amounts owed to associates

12,800

-

Taxation and social security

46,435

46,954

Other creditors

2,478

4,205

122,069

104,405

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Hire purchase contracts

17,923

-