A.B.A. (International) Limited - Accounts to registrar

REGISTERED NUMBER: 02125419 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

A.B.A. (INTERNATIONAL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A C P Bouvier

SECRETARY:

J F Smith

REGISTERED OFFICE:

3 Hillcroft Avenue

Purley

Croydon

Surrey

CR8 3DJ

REGISTERED NUMBER:

02125419 (England and Wales)

ACCOUNTANTS:

Kiew Consulting

Suite 100A

Airport House

Purley Way

Croydon

London

CR0 0XZ

FIXED ASSETS

Tangible assets

4

8,239

10,986

CURRENT ASSETS

Stocks

18,418

12,823

Debtors

5

113,392

431,305

Cash at bank

882,324

325,681

1,014,134

769,809

CREDITORS

Amounts falling due within one year

6

201,422

172,461

NET CURRENT ASSETS

812,712

597,348

TOTAL ASSETS LESS CURRENT
LIABILITIES

820,951

608,334

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

7

820,851

608,234

SHAREHOLDERS' FUNDS

820,951

608,334

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 19 October 2017 and were signed by:

A C P Bouvier - Director

1.	STATUTORY INFORMATION

A.B.A. (International) 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.

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 May 2016

and 30 April 2017

48,960

50,765

99,725

DEPRECIATION

At 1 May 2016

48,960

39,779

88,739

Charge for year

-

2,747

At 30 April 2017

48,960

42,526

91,486

NET BOOK VALUE

At 30 April 2017

-

8,239

At 30 April 2016

-

10,986

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

99,901

109,515

Other debtors

-

3,834

Directors' current accounts

-

291,789

Prepayments and accrued income

13,491

26,167

113,392

431,305

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade creditors

38,492

49,434

Tax

71,380

50,125

Social security and other taxes

5,200

3,546

VAT

80,064

66,989

Other creditors

98

2,367

Directors' current accounts

60

-

Accrued expenses

6,128

-

201,422

172,461

7.

RESERVES

Retained

earnings

£

At 1 May 2016

608,234

Profit for the year

283,205

Dividends

(70,588

)

At 30 April 2017

820,851