UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST SEPTEMBER 2016 TO 30TH JUNE 2017

FOR

ABMH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Hobbs

A Blow

REGISTERED OFFICE:

C/o Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

REGISTERED NUMBER:

07258298 (England and Wales)

ACCOUNTANTS:

Evans Weir

The Victoria

25 St Pancras

Chichester

West Sussex

PO19 7LT

BANKERS:

Lloyds TSB

10 East Street

Chichester

West Sussex

PO19 1HJ

FIXED ASSETS

Intangible assets

4

-

5,054

Tangible assets

5

-

10,788

-

15,842

CURRENT ASSETS

Debtors

6

7,167

66,791

Cash at bank

81,637

54,063

88,804

120,854

CREDITORS

Amounts falling due within one year

7

26,834

56,828

NET CURRENT ASSETS

61,970

64,026

TOTAL ASSETS LESS CURRENT LIABILITIES

61,970

79,868

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

61,968

79,866

SHAREHOLDERS' FUNDS

61,970

79,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 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 12th September 2017 and were signed on its behalf by:

M Hobbs - Director

A Blow - Director

1.	STATUTORY INFORMATION

ABMH 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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 and Straight line over 3 years

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 period was 5 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st September 2016

27,710

Disposals

(27,710

)

At 30th June 2017

-

AMORTISATION

At 1st September 2016

22,656

Charge for period

2,849

Eliminated on disposal

(25,505

)

At 30th June 2017

-

NET BOOK VALUE

At 30th June 2017

-

At 31st August 2016

5,054

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2016

28,612

Additions

37,250

Disposals

(65,862

)

At 30th June 2017

-

DEPRECIATION

At 1st September 2016

17,824

Charge for period

4,654

Eliminated on disposal

(22,478

)

At 30th June 2017

-

NET BOOK VALUE

At 30th June 2017

-

At 31st August 2016

10,788

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

66,791

Other debtors

7,167

-

7,167

66,791

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

7,369

1,778

Taxation and social security

16,629

25,726

Other creditors

2,836

29,324

26,834

56,828

8.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by Mr A Blow and Mr M Hobbs.