REGISTERED NUMBER: 05064583 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2017

FOR

AB BUSINESS COACHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Brighton

Mrs S K Brighton

REGISTERED OFFICE:

6 Glebe Road

Perry

Huntingdon

Cambridgeshire

PE28 0DG

REGISTERED NUMBER:

05064583 (England and Wales)

ACCOUNTANTS:

ISIS Business Solutions

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

526

739

526

739

CURRENT ASSETS

Debtors

5

37,743

28,645

Cash at bank

3,610

8,400

41,353

37,045

CREDITORS

Amounts falling due within one year

6

31,856

27,699

NET CURRENT ASSETS

9,497

9,346

TOTAL ASSETS LESS CURRENT LIABILITIES

10,023

10,085

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

23

85

SHAREHOLDERS' FUNDS

10,023

10,085

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5th December 2017 and were signed on its behalf by:

A Brighton - Director

1.	STATUTORY INFORMATION

AB Business Coaching 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible assets

The initial franchise fee was capitalised and is to be written off over it's estimated useful economic life of 5 years.

The company signed an agreement in 2009 to extend the licence period by an additional 7 years. As a result of

this, the estimated useful economic life will be 7 years from the date of these accounts.

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

-

20% on cost

Computer equipment

-

33% on cost

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2016

and 31st March 2017

30,000

AMORTISATION

At 1st April 2016

and 31st March 2017

30,000

NET BOOK VALUE

At 31st March 2017

-

At 31st March 2016

-

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2016

3,575

11,677

15,252

Additions

-

574

574

Disposals

(3,462

)

(10,995

)

(14,457

)

At 31st March 2017

113

1,256

1,369

DEPRECIATION

At 1st April 2016

3,464

11,049

14,513

Charge for year

23

764

787

Eliminated on disposal

(3,462

)

(10,995

)

(14,457

)

At 31st March 2017

25

818

843

NET BOOK VALUE

At 31st March 2017

88

438

526

At 31st March 2016

111

628

739

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

16,594

18,769

Other debtors

21,149

9,876

37,743

28,645

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,749

3,278

Taxation and social security

14,997

14,040

Other creditors

14,110

10,381

31,856

27,699

7.	RELATED PARTY DISCLOSURES

Included within other debtors is an amount owed by the director of £20,555 (2016 £9,480). Interest has been

provided on this loan at the appropriate market rate. This loan was repaid within nine months of the year end.

8.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party by virtue of their office and shareholdings.