AB Management Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07077929 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2016

for

AB Management Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A G Buffery

REGISTERED OFFICE:

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

REGISTERED NUMBER:

07077929 (England and Wales)

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

2

552

365

CURRENT ASSETS

Debtors

19,379

18,400

Cash at bank

80,034

70,270

99,413

88,670

CREDITORS

Amounts falling due within one year

25,770

24,692

NET CURRENT ASSETS

73,643

63,978

TOTAL ASSETS LESS CURRENT
LIABILITIES

74,195

64,343

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

74,194

64,342

SHAREHOLDERS' FUNDS

74,195

64,343

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 28 February 2017 and were signed by:

A G Buffery - 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

-

15% 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.

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 December 2015

1,098

Additions

321

At 30 November 2016

1,419

DEPRECIATION

At 1 December 2015

733

Charge for year

134

At 30 November 2016

867

NET BOOK VALUE

At 30 November 2016

552

At 30 November 2015

365

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Ordinary

£1

1