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REGISTERED NUMBER: 07301944 (England and Wales)
















ABIAN ASSOCIATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017






ABIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 07301944)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


ABIAN ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTOR: I B Abernethy





REGISTERED OFFICE: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF





BUSINESS ADDRESS: Wild Thyme Cottage
Lound
Bourne
Lincolnshire
PE10 0LJ





REGISTERED NUMBER: 07301944 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 All Saints Street
Stamford
Lincolnshire
PE9 2PA

ABIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 07301944)

BALANCE SHEET
31 JULY 2017

2017 2016
Notes £    £   
FIXED ASSETS
Tangible assets 4 198 389

CURRENT ASSETS
Debtors 5 2,071 38
Cash at bank 90,344 130,975
92,415 131,013
CREDITORS
Amounts falling due within one year 6 (1,918 ) (17,394 )
NET CURRENT ASSETS 90,497 113,619
TOTAL ASSETS LESS CURRENT LIABILITIES 90,695 114,008

PROVISIONS FOR LIABILITIES (37 ) (78 )
NET ASSETS 90,658 113,930

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 90,657 113,929
SHAREHOLDERS' FUNDS 90,658 113,930

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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.

ABIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 07301944)

BALANCE SHEET - continued
31 JULY 2017


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 Profit and loss account has not been delivered.

The financial statements were approved by the director on 12 September 2017 and were signed by:





I B Abernethy - Director


ABIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 07301944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

Abian Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents invoiced sales of services.

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 - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account,
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 (2016 - 1 ) .

ABIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 07301944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2016
and 31 July 2017 910
DEPRECIATION
At 1 August 2016 521
Charge for year 191
At 31 July 2017 712
NET BOOK VALUE
At 31 July 2017 198
At 31 July 2016 389

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 2,031 -
Prepayments and accrued income 40 38
2,071 38

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Corporation tax - 15,476
Other taxes and social security 418 418
Accrued expenses 1,500 1,500
1,918 17,394

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1 Ordinary £1 1 1

8. RELATED PARTY DISCLOSURES

During the year the company paid remuneration, including pension contributions and benefits in kind to the
director of £8,307. (2016 : £9,553).

9. FIRST YEAR ADOPTION

There were no adjustments required on transition to FRS 102.