REGISTERED NUMBER: 05529092 (England and Wales)

A B COMPUTER SOLUTIONS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Brookes

Mrs L Brookes

SECRETARY:

Mrs L Brookes

REGISTERED OFFICE:

24 Eastlands Place

Rugby

Warwickshire

CV21 3RS

REGISTERED NUMBER:

05529092 (England and Wales)

ACCOUNTANTS:

Murphy Salisbury Limited

Chartered Accountants

15 Warwick Road

Stratford upon Avon

Warwickshire

CV37 6YW

FIXED ASSETS

Tangible assets

2

99

116

CURRENT ASSETS

Stocks

10,785

16,627

Debtors

9,849

8,053

Cash at bank

2,505

2,029

23,139

26,709

CREDITORS

Amounts falling due within one year

41,819

50,349

NET CURRENT LIABILITIES

(18,680

)

(23,640

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(18,581

)

(23,524

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(18,583

)

(23,526

)

SHAREHOLDERS' FUNDS

(18,581

)

(23,524

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 July 2017 and were signed on its behalf by:

A Brookes - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of good and services, excluding value added tax.

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 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.

Deferred tax

Full provision is made in respect of timing differences that have originated but not reversed at the balance sheet

date. Timing differences are differences between the company's taxable profits and its results as stated in the

accounts. Deferred tax is measured on a non-discounted basis at the tax rates that are expected to apply in the

periods in which the timing differences are expected to reverse, based on tax rates and laws that have been

enacted or substantially enacted at the balance sheet date. Deferred tax assets are only recognised where their

recoverability in the short term is regarded as more likely than not. Deferred tax is not provided on revalued

assets unless a binding agreement to sell has been entered into before the year.

Going concern

The Directors have agreed to provide financial support to the company for the foreseeable future. On the basis of

continued support the Directors consider it appropriate to prepare the financial statements on the going concern

basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

902

DEPRECIATION

At 1 November 2015

786

Charge for year

17

At 31 October 2016

803

NET BOOK VALUE

At 31 October 2016

99

At 31 October 2015

116

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

1

2

2