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REGISTERED NUMBER: 05749910 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2016

FOR

A & B ACCOUNTS SERVICES LTD

A & B ACCOUNTS SERVICES LTD (REGISTERED NUMBER: 05749910)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2016




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


A & B ACCOUNTS SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2016







DIRECTORS: S A Polding
Mrs D J Kelly





REGISTERED OFFICE: 7 Bridge Street
Newton-le-Willows
Merseyside
WA12 9BE





REGISTERED NUMBER: 05749910 (England and Wales)





ACCOUNTANTS: TLL Accountants
7-9 Station Road
Hesketh Bank
Preston
Lancashire
PR4 6SN

A & B ACCOUNTS SERVICES LTD (REGISTERED NUMBER: 05749910)

ABRIDGED BALANCE SHEET
31ST DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,931 78,214
Investments 5 21,317 21,317
97,248 99,531

CURRENT ASSETS
Debtors 239,736 204,622
Investments 120,000 -
Cash at bank and in hand 69,019 208,669
428,755 413,291
CREDITORS
Amounts falling due within one year 5,213 9,398
NET CURRENT ASSETS 423,542 403,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

520,790

503,424

PROVISIONS FOR LIABILITIES 413 496
NET ASSETS 520,377 502,928

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 510,377 492,928
SHAREHOLDERS' FUNDS 520,377 502,928

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

A & B ACCOUNTS SERVICES LTD (REGISTERED NUMBER: 05749910)

ABRIDGED BALANCE SHEET - continued
31ST DECEMBER 2016


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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 8th May 2017 and were signed on its behalf by:





S A Polding - Director


A & B ACCOUNTS SERVICES LTD (REGISTERED NUMBER: 05749910)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2016

1. STATUTORY INFORMATION

A & B Accounts Services Ltd 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 and depreciation
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the
cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings leasehold2% straight line
Plant and machinery16.66% reducing balance
Fixtures, fittings and equipment16.66 % reducing balance

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 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.

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.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

A & B ACCOUNTS SERVICES LTD (REGISTERED NUMBER: 05749910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2016

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2016
and 31st December 2016 104,415
DEPRECIATION
At 1st January 2016 26,201
Charge for year 2,283
At 31st December 2016 28,484
NET BOOK VALUE
At 31st December 2016 75,931
At 31st December 2015 78,214

5. FIXED ASSET INVESTMENTS

Unlisted
Investments
£   
Cost

At 1 January 2016 21,317
Net Book Value
At 31 December 2016 21,317
At 31 December 2015 21,317


The fixed asset investment relates to monies advanced to assist a former employee of Variety Christmas Club
Savings Limited, a company with common directors and shareholders, to acquire property.

6. RELATED PARTY DISCLOSURES

Included in debtors is an amount due from Variety Christmas Savings Club Limited, a company with common
directors and shareholders, amounting to £156,849 (2015 : £116,683).

During the year the company charged management charges amounting £35,000 (2015 : £35,000) to Variety
Christmas Savings Club Limited.

7. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors, who controlled the whole of the company's issued share
capital, throughout the whole of the current and previous year.