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REGISTERED NUMBER: 02431631 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

ABIVUE LIMITED

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


ABIVUE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: Mrs S P Angenent





SECRETARY: Mrs S P Angenent





REGISTERED OFFICE: New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ





BUSINESS ADDRESS: Rosemary Lodge Residential Home
191 Walsall Road
Lichfield
Staffordshire
WS13 8AQ





REGISTERED NUMBER: 02431631 (England and Wales)





ACCOUNTANTS: Brookes Stephens
New Media House
Davidson Road
Lichfield
Staffordshire
WS14 9DZ

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
Fixed assets
Tangible assets 4 946,746 823,498

Current assets
Stocks 5,000 1,000
Debtors 147,548 105,062
Cash at bank and in hand 63,095 80,758
215,643 186,820
Creditors
Amounts falling due within one year 125,319 133,358
Net current assets 90,324 53,462
Total assets less current liabilities 1,037,070 876,960

Creditors
Amounts falling due after more than one year 5 (188,883 ) (164,858 )

Provisions for liabilities (14,949 ) (7,008 )
Net assets 833,238 705,094

Capital and reserves
Called up share capital 27,500 27,500
Retained earnings 805,738 677,594
Shareholders' funds 833,238 705,094

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2016


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 Statement of Financial Position for the year ended 31 December 2016 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 director on 27 September 2017 and were signed by:





Mrs S P Angenent - Director


ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

Abivue 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 invoiced goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance, 10% on cost and 10% 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.

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 that have been enacted or
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of
financial position 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.

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under
hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are
depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the
future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2015 - 27 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2016 1,311,002
Additions 212,852
Disposals (24,266 )
At 31 December 2016 1,499,588
DEPRECIATION
At 1 January 2016 487,504
Charge for year 78,562
Eliminated on disposal (13,224 )
At 31 December 2016 552,842
NET BOOK VALUE
At 31 December 2016 946,746
At 31 December 2015 823,498

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 43,286
At 31 December 2016 43,286
DEPRECIATION
Charge for year 10,821
At 31 December 2016 10,821
NET BOOK VALUE
At 31 December 2016 32,465

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2016 2015
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 34,862 36,314

6. SECURED DEBTS

The following secured debts are included within creditors:

2016 2015
£    £   
Bank loans 195,542 197,014
Hire purchase contracts 30,622 -
226,164 197,014

The bank loan is secured by way of a first legal charge over the freehold property 191 Walsall Road, Lichfield,
Staffordshire, WS13 8AQ and a fixed and floating charge over all property and assets present and future including
goodwill, book debts and the benefits of any licences.

The hire purchase creditor is secured against the motor vehicle to which it relates.

ABIVUE LIMITED (REGISTERED NUMBER: 02431631)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


7. CAPITAL COMMITMENTS
2016 2015
£    £   
Contracted but not provided for in the
financial statements - 84,218

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and
31 December 2015:

2016 2015
£    £   
Mrs S P Angenent
Balance outstanding at start of year 58,002 57,050
Amounts advanced 36,273 952
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 94,275 58,002

An interest rate of 3% per annum is charged on the outstanding loan balance, the loan is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

Abivue Limited is a subsidiary of Froz Limited, a company registered in Guernsey and whose registered office address is
Suite 6, Provident House, Havilland Street, St Peter Port, Guernsey, GY1 2QE.