REGISTERED NUMBER: 06115956 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Abbeygates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Needham

T Needham

SECRETARY:

Paul Glover Associates Limited

REGISTERED OFFICE:

William James House

Cowley Road

Cambridge

CB4 0WX

REGISTERED NUMBER:

06115956 (England and Wales)

ACCOUNTANTS:

Paul Glover Associates Limited

William James House

Cowley Road

Cambridge

CB4 0WX

FIXED ASSETS

Tangible assets

4

559

744

CURRENT ASSETS

Debtors

5

753

1,326

Cash at bank and in hand

32,048

21,420

32,801

22,746

CREDITORS

Amounts falling due within one year

6

34,537

22,525

NET CURRENT (LIABILITIES)/ASSETS

(1,736

)

221

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,177

)

965

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,277

)

865

SHAREHOLDERS' FUNDS

(1,177

)

965

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 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 13 November 2017 and were signed on its behalf by:

R Needham - Director

1.	STATUTORY INFORMATION

Abbeygates 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.

Plant and machinery etc

-

25% on reducing balance

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 4 (2016 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

and 30 April 2017

3,813

DEPRECIATION

At 1 May 2016

3,069

Charge for year

185

At 30 April 2017

3,254

NET BOOK VALUE

At 30 April 2017

559

At 30 April 2016

744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Other debtors

753

1,326

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

21,254

11,514

Taxation and social security

9,906

8,091

Other creditors

3,377

2,920

34,537

22,525

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2017 and

30 April 2016:

30.4.17

30.4.16

£

£

R Needham

Balance outstanding at start of year

(206

)

(2,000

)

Amounts advanced

-

2,002

Amounts repaid

(208

)

(208

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(414

)

(206

)

During the year, advances were made to the director at an annual interest rates of 3%. These were

repayable on demand.

Total advances and credits during the year: £nil

Total repaid and debits during the year: £208