ABACUS HOME AUTOMATION LIMITED

Company Registration Number:
04348907 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 July 2015

End date: 30 June 2016

ABACUS HOME AUTOMATION LIMITED

Abbreviated Balance sheet

As at 30 June 2016


Notes
2016
£
2015
£
Fixed assets
Total fixed assets: 0 0
Current assets
Stocks: 500 500
Debtors: 40,600 30,900
Cash at bank and in hand: 5,291 6,138
Total current assets: 46,391 37,538
Creditors: amounts falling due within one year: ( 5,743 ) ( 4,100 )
Net current assets (liabilities): 40,648 33,438
Total assets less current liabilities: 40,648 33,438
Total net assets (liabilities): 40,648 33,438

The notes form part of these financial statements

ABACUS HOME AUTOMATION LIMITED

Balance sheet continued

As at 30 June 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 2 1 1
Profit and loss account: 40,647 33,437
Shareholders funds: 40,648 33,438

For the year ending 30 June 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.

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 2015.

The financial statements were approved by the Board of Directors on 02 February 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Iain Morison Duncan
Status: Director

The notes form part of these financial statements

ABACUS HOME AUTOMATION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

    Turnover policy

    Turnover represents invoiced sales of goods and services.

ABACUS HOME AUTOMATION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1

ABACUS HOME AUTOMATION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 3. Related party disclosures

    Name of the ultimate controlling party during the period: Iain M Duncan
    Name of related party: Property Imaging Limited
    Relationship: Property Imaging Limited is a company registered in England also controlled by Iain M Duncan.
    Description of the transaction Debtors includes an amout owed by Property Imaging Limited.
    Balance at 01 July 2015 30,900
    Balance at 30 June 2016 40,600

ABACUS HOME AUTOMATION LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 4. Transactions with directors

    Name of director receiving advance or credit Iain Morison Duncan
    Description of the transaction Advance by Director to Company
    Balance at 01 July 2015 68
    Advances or credits made 9
    Balance at 30 June 2016 77