Unaudited Financial Statements for the Year Ended 30 June 2017 |
for |
ABACUS BUSINESS CONSULTING LIMITED |
Unaudited Financial Statements for the Year Ended 30 June 2017 |
for |
ABACUS BUSINESS CONSULTING LIMITED |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Contents of the Financial Statements |
for the Year Ended 30 June 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ABACUS BUSINESS CONSULTING LIMITED |
Company Information |
for the Year Ended 30 June 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Balance Sheet |
30 June 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Balance Sheet - continued |
30 June 2017 |
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 |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Notes to the Financial Statements |
for the Year Ended 30 June 2017 |
1. | STATUTORY INFORMATION |
ABACUS BUSINESS CONSULTING LIMITED is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Turnover represents the net value of services provided, excluding value added tax. |
Goodwill |
Goodwill reflects the cost of acquiring clients and was written off over a 10 year period. |
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. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Work in progress |
Work in Progress is valued at net realisable value. |
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 |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2017 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 July 2016 |
and 30 June 2017 |
AMORTISATION |
At 1 July 2016 |
and 30 June 2017 |
NET BOOK VALUE |
At 30 June 2017 |
At 30 June 2016 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 July 2016 |
Additions |
At 30 June 2017 |
DEPRECIATION |
At 1 July 2016 |
Charge for year |
At 30 June 2017 |
NET BOOK VALUE |
At 30 June 2017 |
At 30 June 2016 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
ABACUS BUSINESS CONSULTING LIMITED (Registered number: 04327619) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2017 |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is J Lawrence. |