REGISTERED NUMBER: 04453357 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

ABQ STUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

S Albuquerque

REGISTERED OFFICE:

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

REGISTERED NUMBER:

04453357 (England and Wales)

ACCOUNTANTS:

Cardens Accountants LLP

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

FIXED ASSETS

1,809

2,246

CURRENT ASSETS

33,393

13,806

CREDITORS

Amounts falling due within one year

(35,060

)

(12,342

)

NET CURRENT (LIABILITIES)/ASSETS

(1,667

)

1,464

TOTAL ASSETS LESS CURRENT LIABILITIES

142

3,710

CAPITAL AND RESERVES

142

3,710

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2016 - 3 ) .

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, S Albuquerque increased his loan to the company. As at 31 December 2017, the company owed him

£21,846 (2016: £3,681). This balance represented the maximum amount outstanding during the year. Interest is charged

on any overdrawn amounts at the beneficial loan interest rate.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

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

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13 September 2018 and were signed by:

S Albuquerque - Director