REGISTERED NUMBER: 03609691 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017

FOR

ABBOTSGATE FOODS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms. S E Hubbard

REGISTERED OFFICE:

14 Queens Gate,

Stoke Bishop,

Bristol

BS9 1TZ

REGISTERED NUMBER:

03609691 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

805

-

CURRENT ASSETS

Debtors

5

13,063

120

Cash at bank

25,156

37,981

38,219

38,101

CREDITORS

Amounts falling due within one year

6

13,164

17,440

NET CURRENT ASSETS

25,055

20,661

TOTAL ASSETS LESS CURRENT LIABILITIES

25,860

20,661

CAPITAL AND RESERVES

Called up share capital

7

15,000

15,000

Retained earnings

8

10,860

5,661

SHAREHOLDERS' FUNDS

25,860

20,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 December 2017 and were signed by:

Ms. S E Hubbard - Director

1.	STATUTORY INFORMATION

Abbotsgate Foods 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.

Computer equipment

-

25% on cost

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2016

3,833

Additions

1,073

At 31 August 2017

4,906

DEPRECIATION

At 1 September 2016

3,833

Charge for year

268

At 31 August 2017

4,101

NET BOOK VALUE

At 31 August 2017

805

At 31 August 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade debtors

12,777

-

Other debtors

286

120

13,063

120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade creditors

11,089

6,918

Taxation and social security

1,067

1,660

Other creditors

1,008

8,862

13,164

17,440

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.17

31.8.16

value:

£

£

15,000

Ordinary A

£1

15,000

15,000

8.

RESERVES

Retained

earnings

£

At 1 September 2016

5,661

Profit for the year

5,199

At 31 August 2017

10,860

9.	RELATED PARTY DISCLOSURES

During the year the company paid Ms S E Hubbard, the company director, £208 (2016 £208)

for use of her residence as an office. Also during the year the company paid Ms S E

Hubbard dividends of £Nil (2016 £8,600). At the year end the company owed Ms S E

Hubbard £258 (2016 £8,112).

10.	ULTIMATE CONTROLLING PARTY

Ms S E Hubbard is the ultimate controlling party.