REGISTERED NUMBER: 03814261 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2017

for

Abbeygate UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Gordon

SECRETARY:

Mrs C A Gordon

REGISTERED OFFICE:

1 Station Mews

Station Road

Cambridge

Cambridgeshire

CB1 2JB

REGISTERED NUMBER:

03814261 (England and Wales)

ACCOUNTANTS:

Tyrrell & Company

Unit D

South Cambs Business Park

Sawston

Cambridge

Cambridgeshire

CB22 3JH

FIXED ASSETS

Investment property

3

2,605,001

2,605,001

CURRENT ASSETS

Debtors

4

67,515

39,369

Cash at bank

1,371

17,825

68,886

57,194

CREDITORS

Amounts falling due within one year

5

121,441

109,909

NET CURRENT LIABILITIES

(52,555

)

(52,715

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,552,446

2,552,286

CREDITORS

Amounts falling due after more than one year

6

2,144,573

2,144,573

NET ASSETS

407,873

407,713

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

407,288

407,288

Retained earnings

584

424

SHAREHOLDERS' FUNDS

407,873

407,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 6 October 2017 and were signed by:

J D Gordon - Director

1.	STATUTORY INFORMATION

Abbeygate UK 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2016

and 28 February 2017

2,605,001

NET BOOK VALUE

At 28 February 2017

2,605,001

At 29 February 2016

2,605,001

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

(1,448

)

(585

)

Amounts recoverable on contract

4,671

4,671

Other debtors

64,292

35,283

67,515

39,369

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

4,950

7,830

Taxation and social security

45,339

32,097

Other creditors

71,152

69,982

121,441

109,909

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

2,144,573

2,144,573

7.

RESERVES

Revaluation

reserve

£

At 1 March 2016

and 28 February 2017

407,288