REGISTERED NUMBER: 05744764 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

ABI RE-INSTATEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P E Byrne

SECRETARY:

Mrs D Byrne

REGISTERED OFFICE:

Virginia House

56 Warwick Road

Solihull

United Kingdom

West Midlands

B92 7HX

REGISTERED NUMBER:

05744764 (England and Wales)

ACCOUNTANTS:

Financial Accounting Services Limited

Virginia House

56 Warwick Road

Solihull

United Kingdom

West Midlands

B92 7HX

FIXED ASSETS

Tangible assets

4

4,926

416

CURRENT ASSETS

Debtors

5

8,295

12,878

Cash at bank

748

11,091

9,043

23,969

CREDITORS

Amounts falling due within one year

6

4,267

12,316

NET CURRENT ASSETS

4,776

11,653

TOTAL ASSETS LESS CURRENT LIABILITIES

9,702

12,069

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9,700

12,067

SHAREHOLDERS' FUNDS

9,702

12,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 25 May 2018 and were signed by:

P E Byrne - Director

1.	STATUTORY INFORMATION

Abi Re-instatement 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2016

-

-

1,373

1,373

Additions

730

5,250

-

5,980

At 30 September 2017

730

5,250

1,373

7,353

DEPRECIATION

At 1 October 2016

-

-

957

957

Charge for year

146

1,050

274

1,470

At 30 September 2017

146

1,050

1,231

2,427

NET BOOK VALUE

At 30 September 2017

584

4,200

142

4,926

At 30 September 2016

-

-

416

416

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

8,295

12,878

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

982

1,105

Taxation and social security

2,458

7,045

Other creditors

827

4,166

4,267

12,316

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2017 and

30 September 2016:

2017

2016

£

£

P E Byrne

Balance outstanding at start of year

7,378

14,358

Amounts advanced

5,851

7,378

Amounts repaid

(7,378

)

(14,358

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,851

7,378

The loan to Mr P Byrne has no fixed terms of repayment and bears no interest charges. The loan is repayable on

demand.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £8,500 (2016 - £13,000) were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P E Byrne.