Abconsult Limited - Period Ending 2016-05-31

Abconsult Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2016

Carter Collins & Myer Limited
Accountants & Taxation Advisors
Chichester House
2 Chichester Street
Rochdale
Lancashire
OL16 2AX

Abconsult Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Abconsult Limited
(Registration number: 05814630)
Abbreviated Balance Sheet at 31 May 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		858	1,010
Current assets
Cash at bank and in hand		138	1,894
Creditors: Amounts falling due within one year		(2,312)	(2,360)
Net current liabilities		(2,174)	(466)
Net (liabilities)/assets		(1,316)	544
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(1,416)	444
Shareholders' (deficit)/funds		(1,316)	544

For the year ending 31 May 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 director acknowledges his 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 director on 1 February 2017

.........................................
Mr Torben Rasmussen
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Abconsult Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis. On the understanding that the director will continue to financially support the company for the foreseeable future.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance

Included within other creditors is the director's currenct account balance of £992 (2015 - £1693.) This amount is interest free and repayable on demand.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 June 2015	2,679	2,679
At 31 May 2016	2,679	2,679
Depreciation
At 1 June 2015	1,669	1,669
Charge for the year	152	152
At 31 May 2016	1,821	1,821
Net book value
At 31 May 2016	858	858
At 31 May 2015	1,010	1,010

Page 2

Abconsult Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		100	100		100	100

Control

The company is controlled by Barka Holdings Ltd by virtue of its shareholdings..

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