Abacus Catering Ltd

Contents
	Page
Balance Sheet	1
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 1913150

		2017		2016
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	6	5,179		4,353
Cash at bank and in hand		19,078		22,650

		24,257		27,003
Creditors: Amounts Falling Due Within One Year	7	(20,178 )		(19,502 )

NET CURRENT ASSETS (LIABILITIES)			4,079		7,501

TOTAL ASSETS LESS CURRENT LIABILITIES			4,079		7,501

NET ASSETS			4,079		7,501

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and loss account			3,979		7,401

SHAREHOLDERS' FUNDS			4,079		7,501

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Martyn Broadbent

15/05/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	100	4,332	4,432
Profit for the year and total comprehensive income	-	23,069	23,069

Dividends paid	-	(20,000)	(20,000)

As at 31 March 2016 and 1 April 2016	100	7,401	7,501


Profit for the year and total comprehensive income	-	18,578	18,578

Dividends paid	-	(22,000)	(22,000)

As at 31 March 2017	100	3,979	4,079

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2017	2016
	£	£
Wages and salaries	14,766	16,000
Other pension costs	443	480

	15,209	16,480

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	2	2

	2	2

6. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	5,083	4,257
Other taxes and social security	96	96

	5,179	4,353

Page 4

Abacus Catering Ltd

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

7. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Corporation tax	4,645	5,767
Accruals and deferred income	780	900
Directors' loan accounts	14,753	12,835

	20,178	19,502

8. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

9. Transactions With and Loans to Directors

Dividends paid to directors

	2017	2016
	£	£
Mr Martyn Broadbent	11,000	10,000
Mr Steven Boggi	11,000	10,000

10. Dividends

	2017	2016
	£	£
On equity shares:
Interim dividend paid	11,000	20,000
Final dividend paid	11,000	-

	22,000	20,000

11. Related Party Transactions

S Boggi

Director and shareholder

At 31 March 2017 the company owed £36 to the director.

M Broadbent

Director and shareholder

At 31 March 2017 the company owed £14,717 to the director.

12. Ultimate Controlling Party

The company's ultimate controlling parties are the directors by virtue of their ownership of 50% each of the issued share capital in the company.

Page 5

Abacus Catering Ltd

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

13. General Information

Abacus Catering Ltd Registered number 1913150 is a limited by shares company incorporated in England & Wales. The Registered Office is 142 Clayton Road, Chessington, Surrey, KT9 1NN.