REGISTERED NUMBER: 03433817 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

ABCO MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R G Wilks

Mrs J E Wilks

SECRETARY:

R G Wilks

REGISTERED OFFICE:

19 Middlewoods Way

Wharncliffe Business Park

Carlton

Barnsley

S71 3HR

REGISTERED NUMBER:

03433817 (England and Wales)

ACCOUNTANTS:

DEB Chartered Accountants

19 Middlewoods Way

Wharncliffe Business Park

Carlton

Barnsley

S71 3HR

BANKERS:

Lloyds TSB

Westgate

Wakefield

West Yorkshire

FIXED ASSETS

Tangible assets

2

5,329

6,417

CURRENT ASSETS

Debtors

68,277

70,192

Cash at bank and in hand

81,040

51,733

149,317

121,925

CREDITORS

Amounts falling due within one year

63,637

46,340

NET CURRENT ASSETS

85,680

75,585

TOTAL ASSETS LESS CURRENT LIABILITIES

91,009

82,002

PROVISIONS FOR LIABILITIES

738

883

NET ASSETS

90,271

81,119

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

90,171

81,019

SHAREHOLDERS' FUNDS

90,271

81,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 19 September 2016 and were signed on its behalf by:

R G Wilks - 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 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.

Structural improvements

-

Straight line over remainder of lease

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

61,849

Additions

689

At 31 December 2015

62,538

DEPRECIATION

At 1 January 2015

55,432

Charge for year

1,777

At 31 December 2015

57,209

NET BOOK VALUE

At 31 December 2015

5,329

At 31 December 2014

6,417

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100