REGISTERED NUMBER: 03860503 (England and Wales)

ABC BUILDERS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A G Hathway

A C Hathway

Mrs S E Hathway

A K Whelan

K M Whelan

SECRETARY:

A G Hathway

REGISTERED OFFICE:

155 Wellingborough Road

RUSHDEN

Northamptonshire

NN10 9TB

REGISTERED NUMBER:

03860503 (England and Wales)

ACCOUNTANTS:

Elsby & Co

155 Wellingborough Road

RUSHDEN

Northamptonshire

NN10 9TB

FIXED ASSETS

Tangible assets

2

116,130

118,500

CURRENT ASSETS

Debtors

699

662

Cash at bank

18,087

15,158

18,786

15,820

CREDITORS

Amounts falling due within one year

60,844

59,980

NET CURRENT LIABILITIES

(42,058

)

(44,160

)

TOTAL ASSETS LESS CURRENT LIABILITIES

74,072

74,340

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

73,972

74,240

SHAREHOLDERS' FUNDS

74,072

74,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 April 2017 and were signed on its behalf by:

A G Hathway - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The company`s turnover represents the rental income received from flats owned by the company.

Tangible fixed assets

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

Freehold property

-

2% on cost

It is the company`s policy to maintain the freehold property in good repair so as to make any provision for

depreciation unnecessary.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

118,500

DEPRECIATION

Charge for year

2,370

At 31 October 2016

2,370

NET BOOK VALUE

At 31 October 2016

116,130

At 31 October 2015

118,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100