REGISTERED NUMBER: 07371066 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ABRAHAM SOLICITORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Holliday

Ms B Jones

Ms D Macmillan

L L Preston-Heyes

REGISTERED OFFICE:

53 King Street

Wrexham

LL11 1HR

REGISTERED NUMBER:

07371066 (England and Wales)

ACCOUNTANTS:

McLintocks Partnership Limited

Chartered Accountants

The Coach House

25 Rhosddu Road

Wrexham

LL11 1EB

FIXED ASSETS

Intangible assets

2

112,500

120,000

Tangible assets

3

7,042

7,833

119,542

127,833

CURRENT ASSETS

Debtors

85,267

13,360

Cash at bank and in hand

5,222

40,894

90,489

54,254

CREDITORS

Amounts falling due within one year

77,365

80,303

NET CURRENT ASSETS/(LIABILITIES)

13,124

(26,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

132,666

101,784

CAPITAL AND RESERVES

Called up share capital

4

102

102

Share premium

69,900

69,900

Profit and loss account

62,664

31,782

SHAREHOLDERS' FUNDS

132,666

101,784

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

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

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 Board of Directors on 22 December 2016 and were signed on its behalf by:

A Holliday - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

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 the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

150,000

AMORTISATION

At 1 April 2015

30,000

Amortisation for year

7,500

At 31 March 2016

37,500

NET BOOK VALUE

At 31 March 2016

112,500

At 31 March 2015

120,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

20,034

Additions

1,556

At 31 March 2016

21,590

DEPRECIATION

At 1 April 2015

12,201

Charge for year

2,347

At 31 March 2016

14,548

NET BOOK VALUE

At 31 March 2016

7,042

At 31 March 2015

7,833

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Share capital 1

1

100

100

1

Share capital 2

1

1

1

1

Share capital 3

1

1

1

102

102