REGISTERED NUMBER: 05089117 (England and Wales)

Financial Statements for the Year Ended 31 March 2017

for

ABNSA Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr Amrat Bhagabhai Patel

Mrs Saroj Amrat Patel

SECRETARY:

Mr Amrat Bhagabhai Patel

REGISTERED OFFICE:

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

05089117 (England and Wales)

ACCOUNTANTS:

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

FIXED ASSETS

Intangible assets

4

20,973

20,973

Tangible assets

5

1,774

2,365

22,747

23,338

CURRENT ASSETS

Stocks

6

1,092

1,078

Debtors

7

666

588

Cash at bank and in hand

3,663

3,975

5,421

5,641

CREDITORS

Amounts falling due within one year

8

11,014

13,022

NET CURRENT LIABILITIES

(5,593

)

(7,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,154

15,957

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

17,152

15,955

SHAREHOLDERS' FUNDS

17,154

15,957

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

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

The directors acknowledge their 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 Board of Directors on 30 October 2017 and were signed on its behalf by:

Mr Amrat Bhagabhai Patel - Director

1.	STATUTORY INFORMATION

ABNSA 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 represents net sales value of goods, excluding value added tax.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

20,973

NET BOOK VALUE

At 31 March 2017

20,973

At 31 March 2016

20,973

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2016

and 31 March 2017

8,602

DEPRECIATION

At 1 April 2016

6,237

Charge for year

591

At 31 March 2017

6,828

NET BOOK VALUE

At 31 March 2017

1,774

At 31 March 2016

2,365

6.

STOCKS

31.3.17

31.3.16

£

£

Stocks

1,092

1,078

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Value Added Tax

32

-

Prepayments

634

588

666

588

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

-

53

Corporation Tax

5,447

5,656

Social security and other taxes

2,358

2,023

Value Added Tax

-

59

Directors' current accounts

2,809

5,031

Accrued expenses

400

200

11,014

13,022

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2016

15,955

Profit for the year

21,197

Dividends

(20,000

)

At 31 March 2017

17,152

The following reproduces the text of the report prepared for the directors and members in respect of

the company's annual unaudited financial statements. In accordance with the Companies Act 2006,

the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement

and certain other primary statements and the Report of the Directors are not required to be filed with

the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

Date: .............................................