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REGISTERED NUMBER: 02680979 (Scotland)















Financial Statements for the Year Ended 30 June 2017

for

ABTEC SERVICES LIMITED

ABTEC SERVICES LIMITED (REGISTERED NUMBER: 02680979)

Contents of the Financial Statements
for the Year Ended 30 June 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABTEC SERVICES LIMITED

Company Information
for the Year Ended 30 June 2017







DIRECTORS: P W Davies
Mrs S J Davies
B W Davies





SECRETARY: Mrs S J Davies





REGISTERED OFFICE: 20 Sansome Walk
Worcester
Worcestershire
WR1 1LR





REGISTERED NUMBER: 02680979 (Scotland)





ACCOUNTANTS: Boyds
20 Sansome Walk
Worcester
WR1 1LR

ABTEC SERVICES LIMITED (REGISTERED NUMBER: 02680979)

Balance Sheet
30 June 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,138 75,821

CURRENT ASSETS
Stocks 5 4,665 4,635
Debtors 6 14,479 31,004
Cash at bank 17,256 8,036
36,400 43,675
CREDITORS
Amounts falling due within one year 7 110,567 103,567
NET CURRENT LIABILITIES (74,167 ) (59,892 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,029 ) 15,929

PROVISIONS FOR LIABILITIES - 15,164
NET (LIABILITIES)/ASSETS (5,029 ) 765

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,129 ) 665
SHAREHOLDERS' FUNDS (5,029 ) 765

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 18 December 2017 and were signed on its behalf by:




P W Davies - Director Mrs S J Davies - Director




B W Davies - Director


ABTEC SERVICES LIMITED (REGISTERED NUMBER: 02680979)

Notes to the Financial Statements
for the Year Ended 30 June 2017


1. STATUTORY INFORMATION

Abtec Services Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing
stocks to their present location and condition.

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 3 .

ABTEC SERVICES LIMITED (REGISTERED NUMBER: 02680979)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2017


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 July 2016 132,846
Additions 12,753
Disposals (6,995 )
At 30 June 2017 138,604
DEPRECIATION
At 1 July 2016 57,025
Charge for year 14,586
Eliminated on disposal (2,145 )
At 30 June 2017 69,466
NET BOOK VALUE
At 30 June 2017 69,138
At 30 June 2016 75,821

5. STOCKS
2017 2016
£    £   
Stocks 2,300 2,735
Work-in-progress 2,365 1,900
4,665 4,635

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 13,194 26,847
CIS deducted at source 564 1,939
Prepayments 721 2,218
14,479 31,004

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 6,566 4,587
VAT 2,182 1,257
Other creditors - 27
Directors' current accounts 100,409 96,286
Accrued expenses 1,410 1,410
110,567 103,567