REGISTERED NUMBER: 04154895 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Abstract Design Software Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr R J Hopkins

SECRETARY:

Mrs J Hopkins

REGISTERED OFFICE:

15 Stanbridge Way

Quedgeley

Gloucester

Gloucestershire

GL2 4RE

REGISTERED NUMBER:

04154895 (England and Wales)

ACCOUNTANTS:

Stanbridge Accountancy Services Limited

15 Stanbridge Way

Quedgeley

Gloucester

Gloucestershire

GL2 4RE

FIXED ASSETS

Tangible assets

2

-

632

CURRENT ASSETS

Cash at bank

14,630

38,259

CREDITORS

Amounts falling due within one year

16,517

28,470

NET CURRENT (LIABILITIES)/ASSETS

(1,887

)

9,789

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,887

)

10,421

PROVISIONS FOR LIABILITIES

-

126

NET (LIABILITIES)/ASSETS

(1,887

)

10,295

CAPITAL AND RESERVES

Called up share capital

3

20

20

Profit and loss account

(1,907

)

10,275

SHAREHOLDERS' FUNDS

(1,887

)

10,295

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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.

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 director on 18 May 2016 and were signed by:

Mr R J Hopkins - 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 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% 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 April 2015

5,285

Disposals

(5,285

)

At 31 March 2016

-

DEPRECIATION

At 1 April 2015

4,653

Charge for year

157

Eliminated on disposal

(4,810

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

632

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

20

"A" Ordinary

£1

20

20

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors falling due within one year are amounts owed to the director, Mr R J

Hopkins, totalling £14,686. These amounts do not attract interest and have no specified

repayment date.