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REGISTERED NUMBER: 05116577 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Abington Construction Ltd

Abington Construction Ltd (Registered number: 05116577)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abington Construction Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTOR: R M L Duarte





REGISTERED OFFICE: F7A Lynch Lane Offices
Lynch Lane
Weymouth
Dorset
DT4 9DN





REGISTERED NUMBER: 05116577 (England and Wales)





ACCOUNTANTS: RWB Tax Consultants Limited
F7A Lynch Lane Offices
Lynch Lane
Weymouth
Dorset
DT4 9DN

Abington Construction Ltd (Registered number: 05116577)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 21,886 25,180
Investment property 6 162,285 162,285
184,171 187,465

CURRENT ASSETS
Stocks 7 5,000 6,250
Debtors 8 32,010 8,366
Cash at bank 8,771 18,278
45,781 32,894
CREDITORS
Amounts falling due within one
year

9

114,257

101,457
NET CURRENT LIABILITIES (68,476 ) (68,563 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,695

118,902

CREDITORS
Amounts falling due after more
than one year

10

(110,570

)

(112,230

)

PROVISIONS FOR LIABILITIES (4,698 ) (4,698 )
NET ASSETS 427 1,974

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 327 1,874
SHAREHOLDERS' FUNDS 427 1,974

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 director acknowledges his 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.

Abington Construction Ltd (Registered number: 05116577)

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.

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 14 November 2017 and
were signed by:





R M L Duarte - Director


Abington Construction Ltd (Registered number: 05116577)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Abington Construction 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.

Turnover
Turnover is measured at the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales
taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial
recognition, intangible assets are measured at cost less any accumulated
amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 10% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate
surplus or deficit arising from changes in fair value is recognised in
profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all
purchase, transport, and handling costs in bringing stocks to their present
location and condition.

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.


Abington Construction Ltd (Registered number: 05116577)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

2. ACCOUNTING POLICIES - continued
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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 2,000
AMORTISATION
At 1 April 2016
and 31 March 2017 2,000
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2016 43,124 17,337 593 61,054
Additions 731 - - 731
At 31 March 2017 43,855 17,337 593 61,785
DEPRECIATION
At 1 April 2016 19,561 15,872 441 35,874
Charge for year 3,644 366 15 4,025
At 31 March 2017 23,205 16,238 456 39,899
NET BOOK VALUE
At 31 March 2017 20,650 1,099 137 21,886
At 31 March 2016 23,563 1,465 152 25,180

Abington Construction Ltd (Registered number: 05116577)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016
and 31 March 2017 162,285
NET BOOK VALUE
At 31 March 2017 162,285
At 31 March 2016 162,285

7. STOCKS
31.3.17 31.3.16
£    £   
Work-in-progress 5,000 6,250

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 32,010 8,366

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 10,220 -
Tax 1,674 -
Social security and other
taxes

-

272
VAT 7,110 3,891
Other creditors 7,000 7,000
Directors' current accounts 86,698 88,809
Accrued expenses 1,555 1,485
114,257 101,457

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Bank loans - 2-5 years 7,091 8,751
Bank loans more 5 yr by instal 103,479 103,479
110,570 112,230

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 103,479 103,479

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R M L Duarte.