Registered Number 05292007

ABACUS BUILD LTD

Abbreviated Accounts

30 November 2016

ABACUS BUILD LTD Registered Number 05292007

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 - 263
Investments 3 108,000 108,000
108,000 108,263
Current assets
Debtors 35,672 35,672
Cash at bank and in hand 5,059 261
40,731 35,933
Creditors: amounts falling due within one year (187,117) (203,199)
Net current assets (liabilities) (146,386) (167,266)
Total assets less current liabilities (38,386) (59,003)
Creditors: amounts falling due after more than one year - (12,053)
Total net assets (liabilities) (38,386) (71,056)
Capital and reserves
Called up share capital 2 2
Profit and loss account (38,388) (71,058)
Shareholders' funds (38,386) (71,056)
  • For the year ending 30 November 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 August 2017

And signed on their behalf by:
G Cottee, Director

ABACUS BUILD LTD Registered Number 05292007

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2015.

2Tangible fixed assets
£
Cost
At 1 December 2015 31,584
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2016 31,584
Depreciation
At 1 December 2015 31,321
Charge for the year 263
On disposals -
At 30 November 2016 31,584
Net book values
At 30 November 2016 0
At 30 November 2015 263

3Fixed assets Investments
The company holds more than 20% of the issued share capital of the company listed below,
Country of incorporation Share Holding Proportion Held Nature of business
Subsidiary undertakings
Name
Abacus Build (UK) Limited England Ordinary Shares 80% Property construction

2016 2015
£ £
Aggregate capital and reserves

Name
Abacus Build (UK) Limited 311,633 252,428

Profit and (loss) for the year

Name
Abacus Build (UK) Limited 59,204 44,814

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.