Abbot Research Limited xbrl








Abbot Research Limited


Company Registration Number
02752110


Report of the Directors and
Abbreviated Unaudited Financial Statements


Period of accounts

Start date 01/05/2015

End date 30/04/2016






















							Page 1

Abbot Research Limited

Contents of the Financial Statements
for the Period Ended 30 April 2016


							Page
Company Information							3

Report of the Accountants							4

Balance Sheet							5 - 6

Notes to the Financial Statements							7 - 10






























							Page 2

Abbot Research Limited

Company Information
for the Period Ended 30 April 2016

Directors		Mr S C Sinclair
Company secretary		Mrs E J Sinclair

Registered office		008 Berwick WorkSpace
		90 Marygate
		Berwick Upon Tweed
		TD15 1BN

Company Registration Number		02752110

Accountants	Name	Optimus Accounting Limited
	Address	Berwick WorkSpace
		90 Marygate
		Berwick Upon Tweed
		TD15 1BN























			Page 3

Abbot Research Limited

Accountants' Report

for the Period Ended 30 April 2016

Independent accountants' report

Report to the directors on the preparation of the unaudited statutory accounts of the company for theperiod ended 30 April 2016. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of the company for the period ended 30 April 2016 as set out on pages 3 to 10 which comprise of the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the

acounts of the company and state those matters that we have agreed to state to the Board of Directors

of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or

assume responsibility to anyone other than the company and its Board of Directors as a body for our

work or for this report.

It is your duty to ensure the company has kept adequate accounting records and to prepare statutory

accounts that give a true and fair view of the assets, liabilities, financial position and profit/(loss) of

the company. You consider the company is exempt from the statutory audit requirement for the

period.

We have not been instructed to carry out an audit of the financial statements. For this reason, we

have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the financial

statements.

Optimus Accounting Limited

Berwick WorkSpace

90 Marygate

Berwick Upon Tweed

TD15 1BN

Date

2017-01-26

Page 4

Abbot Research Limited
Balance Sheet
for the Period Ended 30 April 2016
Company registration number 02752110
		2016	2015
	Notes	£	£
Fixed assets
Tangible fixed assets	2	386	515
		_______	_______
Total fixed assets		386	515
Current assets
Debtors	3	16,165	33,734
Cash at bank and in hand		6,029	802
		_______	_______
Total current assets/(liabilities)		22,194	34,536
Creditors
Creditors - amounts falling
due within one year	4	5,066	13,230
		_______	_______
Net current assets		17,128	21,306
		_______	_______
Total assets less current liabilities		17,514	21,821
		_______	_______
Net assets/(liabilities)		17,514	21,821
Capital and reserves
Called up share capital	5	2	2
Profit and loss account	6	17,512	21,819
		_________	_________
Total shareholders funds		17,514	21,821













			Page 5

Abbot Research Limited

Balance Sheet

for the Period Ended 30 April 2016

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements were approved by the Board of Directors on

2017-01-26

SIGNED ON BEHALF OF THE BOARD BY

Name

Mr S C Sinclair

The notes form part of these financial statements

Page 6

Abbot Research Limited

Notes to the Financial Statements

for the Period Ended 30 April 2016

1. Accounting policies

Basis of preparation

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).

Tangible fixed assets Depreciation

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

25% reducing balance

Page 7

Abbot Research Limited
Notes to the Financial Statements
for the Period Ended 30 April 2016
2. Tangible fixed assets
	Office	Total
	equipment
Cost	£	£
At 1 May 2015	4,551	4,551
	____	____
At 30 April 2016	4,551	4,551
Depreciation
At 1 May 2015	4,036	4,036
Charge for year	129	129
	____	____
At 30 April 2016	4,165	4,165
Net book value
At 30 April 2016	386	386
At 30 April 2015	515	515



























		Page 8

Abbot Research Limited
Notes to the Financial Statements
for the Period Ended 30 April 2016
3. Debtors	2016	2015
Trade debtors	16,165	32,666
Other debtors		1,068
	_____	_____
Total	16,165	33,734
4. Creditors amounts falling due within one year	2016	2015
Trade creditors	110
Corporation tax	135	359
Other taxation and social security	3,232	8,367
Accruals and deferred income	450	1,425
Other creditors	1,139	3,079
	____	_____
Total	5,066	13,230

























		Page 9

Abbot Research Limited
Notes to the Financial Statements
for the Period Ended 30 April 2016
5. Share capital	2016	2015
Allotted, called up and paid	£	£
Ord £ 1	2	2
	_	_
Total	2	2
6. Reserves/Retained profit
Retained profit reconciliation	£
Reserves at 1 May 2015	21,819
Profit/(Loss) for year	293
Dividends paid	4,600
	_____
Retained Profit/(Loss) at 30 April 2016	17,512

















		Page 10