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REGISTERED NUMBER: 02897957 (England and Wales)




FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

A B ENGINEERING LTD

A B ENGINEERING LTD (REGISTERED NUMBER: 02897957)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


A B ENGINEERING LTD

COMPANY INFORMATION
for the year ended 31 March 2017







DIRECTORS: Mr J D Aldridge
Mr W R J Rawkins
Apadana Management Ltd





REGISTERED OFFICE: 50 Bayton Road
Exhall
Coventry
West Midlands
CV7 9EJ





REGISTERED NUMBER: 02897957 (England and Wales)





ACCOUNTANTS: LDP Luckmans
Chartered Accountants
1110 Elliott Court
Herald Avenue
Coventry Business Park
Coventry
West Midlands
CV5 6UB

A B ENGINEERING LTD (REGISTERED NUMBER: 02897957)

ABRIDGED BALANCE SHEET
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - -
Investments 4 30,000 30,000
30,000 30,000

CURRENT ASSETS
Debtors 294,575 50
Cash at bank 2 1,031
294,577 1,081
CREDITORS
Amounts falling due within one year 102,979 5,475
NET CURRENT ASSETS/(LIABILITIES) 191,598 (4,394 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,598

25,606

CREDITORS
Amounts falling due after more than one
year

150,000

-
NET ASSETS 71,598 25,606

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Capital redemption reserve 5,000 5,000
Retained earnings 61,598 15,606
SHAREHOLDERS' FUNDS 71,598 25,606

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.

A B ENGINEERING LTD (REGISTERED NUMBER: 02897957)

ABRIDGED BALANCE SHEET - continued
31 March 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 August 2017 and were signed on its
behalf by:





Mr J D Aldridge - Director


A B ENGINEERING LTD (REGISTERED NUMBER: 02897957)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2017

1. STATUTORY INFORMATION

A B Engineering Ltd 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.

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

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. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 774,298
At 31 March 2017 774,298
DEPRECIATION
Eliminated on disposal 774,298
At 31 March 2017 774,298
NET BOOK VALUE
At 31 March 2017 -

A B ENGINEERING LTD (REGISTERED NUMBER: 02897957)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2017

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2016
and 31 March 2017 30,000
NET BOOK VALUE
At 31 March 2017 30,000
At 31 March 2016 30,000

5. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Other loans 250,000 -

secured by way of a share charge granted by ASG Investments 5 Limited.

6. RELATED PARTY DISCLOSURES

On 3rd January 2017 freehold property known as units 44 - 50 Bayton Road, Coventry was sold to
Dirige Limited, a company associated by common control for £763,094 to Dirige Limited, a company
associated by common control.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ASG Investments 5 Limited.

On 4th January 2017 the company became a wholly owned subsidiary of ASG Investments 5 Limited.