REGISTERED NUMBER: SC348524 (Scotland)

Abbreviated Accounts for the Year Ended 30 September 2016

for

AB OFFSHORE SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Baillie

REGISTERED OFFICE:

Traill Drive

Montrose

Angus

DD10 8SW

REGISTERED NUMBER:

SC348524 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

2

2,562

580

CURRENT ASSETS

Debtors

11,178

89

Cash at bank

30,288

44,923

41,466

45,012

CREDITORS

Amounts falling due within one year

19,507

19,704

NET CURRENT ASSETS

21,959

25,308

TOTAL ASSETS LESS CURRENT LIABILITIES

24,521

25,888

CAPITAL AND RESERVES

Called up share capital

3

8

8

Profit and loss account

24,513

25,880

SHAREHOLDERS' FUNDS

24,521

25,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 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 director on 17 January 2017 and were signed by:

A Baillie - 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax due to timing differences is immaterial and therefore not recognised.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

1,810

Additions

2,593

At 30 September 2016

4,403

DEPRECIATION

At 1 October 2015

1,230

Charge for year

611

At 30 September 2016

1,841

NET BOOK VALUE

At 30 September 2016

2,562

At 30 September 2015

580

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

8

Ordinary

£1

8

8