REGISTERED NUMBER: 01583708

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

Abtek (Biologicals) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R Turner

Mr S C Turner

SECRETARY:

Mrs J M Turner

REGISTERED OFFICE:

145 Edge Lane

Liverpool

Merseyside

L7 2PG

REGISTERED NUMBER:

01583708

ACCOUNTANTS:

Wilson Henry LLP

Chartered Accountants

145 Edge Lane

Liverpool

L7 2PF

FIXED ASSETS

Tangible assets

2

58,463

25,522

CURRENT ASSETS

Stocks

93,783

95,034

Debtors

155,097

85,962

Cash at bank

10,024

5,594

258,904

186,590

CREDITORS

Amounts falling due within one year

140,369

109,694

NET CURRENT ASSETS

118,535

76,896

TOTAL ASSETS LESS CURRENT LIABILITIES

176,998

102,418

CREDITORS

Amounts falling due after more than one year

(37,381

)

-

PROVISIONS FOR LIABILITIES

(11,056

)

(4,746

)

NET ASSETS

128,561

97,672

CAPITAL AND RESERVES

Called up share capital

3

3,750

3,750

Other reserves - equity

10,024

10,024

Profit and loss account

114,787

83,898

SHAREHOLDERS' FUNDS

128,561

97,672

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

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

Mr R Turner - 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 net invoiced sales of goods, 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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

164,085

Additions

40,622

At 30 June 2016

204,707

DEPRECIATION

At 1 July 2015

138,563

Charge for year

7,681

At 30 June 2016

146,244

NET BOOK VALUE

At 30 June 2016

58,463

At 30 June 2015

25,522

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,950

A Ordinary

£1

1,950

1,950

858

B Ordinary

£1

858

858

942

C Ordinary

£1

942

942

3,750

3,750