REGISTERED NUMBER: 00490728 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

ABBEYFIELDS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Taylor

Mrs C Taylor

SECRETARY:

Mrs C Taylor

REGISTERED OFFICE:

5 White Oak Square,

London Road,

Swanley

Kent

BR8 7AG.

REGISTERED NUMBER:

00490728 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

2

154,603

156,437

CURRENT ASSETS

Debtors

1,310

8,629

Cash at bank

29,705

24,663

31,015

33,292

CREDITORS

Amounts falling due within one year

3

67,823

96,377

NET CURRENT LIABILITIES

(36,808

)

(63,085

)

TOTAL ASSETS LESS CURRENT LIABILITIES

117,795

93,352

CREDITORS

Amounts falling due after more than one year

(84,000

)

(84,000

)

PROVISIONS FOR LIABILITIES

(520

)

(592

)

NET ASSETS

33,275

8,760

CAPITAL AND RESERVES

Called up share capital

4

500

500

Profit and loss account

32,775

8,260

SHAREHOLDERS' FUNDS

33,275

8,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 19 January 2017 and were signed on its behalf by:

A Taylor - 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

Turnover represents rental income.

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

-

at variable rates on reducing balance

Fixtures and fittings

-

10% per annum on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

210,843

DEPRECIATION

At 1 May 2015

54,406

Charge for year

1,834

At 30 April 2016

56,240

NET BOOK VALUE

At 30 April 2016

154,603

At 30 April 2015

156,437

3.

CREDITORS

Creditors include an amount of £ 0 (2015 - £ 12,724 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2,000

Ordinary Shares

£0.25

500

500

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES