066404562015-10-012016-09-30falsetruehttp://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-09-30http://www.companieshouse.gov.uk/cd:Director12015-10-012016-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2016-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2015-10-012016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-10-012016-09-30http://www.companieshouse.gov.uk/pt:SharesFixedAssetInvestmentspt:GroupUndertakingsOtherParticipatingInterests2015-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-10-012016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-10-012016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-09-30http://www.companieshouse.gov.uk/pt:SharesFixedAssetInvestmentspt:GroupUndertakingsOtherParticipatingInterests2016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32015-10-012016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22016-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32016-09-30http://www.companieshouse.gov.uk/2014-10-012015-09-30http://www.companieshouse.gov.uk/2015-10-012016-09-30http://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/2016-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2015-09-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-10-012016-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2016-09-30iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 06640456

Abigail Matthews Ltd

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/09/2016

Prepared By:

David Reed Associates Ltd

54D Frome Road

Bradford on Avon

Wiltshire

BA15 1LA

Abigail Matthews Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/09/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 06640456

Abigail Matthews Ltd

Registered Number: 06640456
BALANCE SHEET AT 30/09/2016
						2016				2015
		Notes				£				£
FIXED ASSETS
Tangible assets		2				39,067				48,923
Investments		3				100				100
						39,167				49,023
CURRENT ASSETS
Debtors (amounts falling due within one year)		4		435,421				329,717
Cash at bank and in hand				21,332				36,168
				456,753				365,885
CREDITORS: Amounts falling due within one year				14,095				20,876
NET CURRENT ASSETS						442,658				345,009
TOTAL ASSETS LESS CURRENT LIABILITIES						481,825				394,032
CAPITAL AND RESERVES
Called up share capital		5				120				100
Profit and loss account						481,705				393,932
SHAREHOLDERS' FUNDS						481,825				394,032
For the year ending 30/09/2016 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 30/06/2017 and signed on their behalf by
Ms A Matthews
Director

Abigail Matthews Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30/09/2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Property Improvements		straight line 10%
Plant and Machinery		reducing balance 25%

1c. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

1d. Pension Costs

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

1e. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

1f. Investments

Fixed asset investments are shown at cost less amounts written off.

Provisions are made for permanent fluctuations in value.

Abigail Matthews Ltd

2. TANGIBLE FIXED ASSETS
		Property		Plant and
		Improvements		Machinery		Total
		£		£		£
Cost
At 01/10/2015		95,000		7,106		102,106
At 30/09/2016		95,000		7,106		102,106
Depreciation
At 01/10/2015		47,500		5,683		53,183
For the year		9,500		356		9,856
At 30/09/2016		57,000		6,039		63,039
Net Book Amounts
At 30/09/2016		38,000		1,067		39,067
At 30/09/2015		47,500		1,423		48,923

3. INVESTMENT FIXED ASSETS
		Shares in group companies
		and participating interests		Total
		£		£
Cost
At 01/10/2015		100		100
At 30/09/2016		100		100
Amortisation
Net Book Amounts
At 30/09/2016		100		100
At 30/09/2015		100		100

4. DEBTORS				2016		2015
				£		£
Amounts falling due within one year:
Other debtors				435,421		329,717
				435,421		329,717

Abigail Matthews Ltd

5. SHARE CAPITAL				2016		2015
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
10 Class B shares of £1 each				10
10 Class C shares of £1 each				10
				120		100
10 Class B shares of £1 each				10		0
10 Class C shares of £1 each				10		0

6. RELATED PARTY TRANSACTIONS

At the balance sheet date there were intercompany loans due to Abigail Matthews Ltd from Momentum Consulting Engineers Ltd totalling £2,943 (2015: loan from Abigail Matthews Ltd to Momentum Consulting Engineers Ltd £3,771). Mrs A Matthews, a director of the company, is also a director of Momentum Consulting Engineers Ltd.

During the accounting period management charges of £42,000 (2015: £40,000) and dividends totalling £125,000 (2015: £75,000) were received.

7. TURNOVER
The turnover and pre-tax result is attributable to that of the holding of shares and rental of property.
				2016		2015
				£		£
Management charges				42,000		40,001
				42,000		40,001

8. TRANSACTIONS WITH DIRECTORS

At the Balance Sheet date the Director owed the Company £153,382 (2015: £130,571). The change in the year comprises cash advances, personal payments and other movements of £77,751 less dividends of £54,940. The loan is repayable on demand and bears interest at 3% per annum.

£30,000 was repaid within 9 months of the year end (2015: £30,000).

9. CONTROLLING PARTY

The ultimate controlling party is the Director.