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Registered number
06512512
Abintegro Limited
Unaudited Accounts
for the year ended
31 March 2017
Abintegro Limited
Balance Sheet
as at 31 March 2017
Notes
2017
£
2016
£
Fixed assets
Intangible assets 2 870,918 598,053
Tangible assets 3 2,537 1,506
873,455 599,559
Current assets
Debtors 4 637,536 47,436
Cash at bank and in hand 922,446 754,263
1,559,982 801,699
Prepayments and accrued income: 66,462 0
Creditors: amounts falling due within one year (450,577) (246,857)
Net current assets / (liabilities) 1,175,867 554,842
Total assets less current liabilities 2,049,322 1,154,401
Provisions for liabilities (27,378) (0)
Accruals and deferred income (1,265,816) (626,472)
Total net assets (liabilities) 756,128 527,929
Capital and reserves
Called up share capital 5 3,000 3,000
Profit and loss account 753,128 524,929
Shareholders' funds 756,128 527,929

Abintegro Limited
Balance Sheet
as at 31 March 2017



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2017 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.

Signed on behalf of the board of directors

...............................

Mr T Heard

Director


Approved by the board on 1 December 2017

Company No: 06512512 (England and Wales)


Abintegro Limited
Notes to the Accounts
for the year ended 31 March 2017

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Changes in accounting standards, policies and estimates
The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Turnover represents net invoiced sales of services, excluding value added tax.

Turnover is recognised over the term of any contract and thus apportioned to the relevant accounting period.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & fittings 15% Reducing Balance
Computer equipment 33% Straight Line
Intangible fixed assets
Intangible fixed assets (web-based software costs) are amortised at rates calculated to write off the assets on a straight line basis over 10 years.
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax. Current tax is calculated using tax rates that have been enacted or substantially enacted at the end of the reporting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of part of the asset to be recovered.
2. Intangible fixed assets
Other Total
Cost £ £
At 1 April 2016 793,391 793,391
Additions 365,084 365,084
At 31 March 2017 1,158,475 1,158,475
Amortisation
At 1 April 2016 195,338 195,338
Provided during the period 92,219 92,219
At 31 March 2017 287,557 287,557
Net book value
At 31 March 2017 870,918 870,918
At 31 March 2016 598,053 598,053

3. Tangible fixed assets
Fixtures & fittings Computer equipment Total
Cost or valuation £ £ £
At 1 April 2016 214 19,280 19,494
Additions 0 1,999 1,999
At 31 March 2017 214 21,279 21,493
Depreciation
At 1 April 2016 156 17,832 17,988
Charge for the period 58 910 968
At 31 March 2017 214 18,742 18,956
Net book value
At 31 March 2017 0 2,537 2,537
At 31 March 2016 58 1,448 1,506

4. Debtors
2017 2016
£ £
Trade debtors 637,536 47,436
637,536 47,436

The company has transitioned from cash basis to accrual accounting. The comparable figure for 2016 is £454,409.


5. Share capital
2017 2016
£ £
Allotted, called up and fully paid:
3,000 (2016: 3,000) Ordinary shares of £1.00 each 3,000 3,000
3,000 3,000

6. Related party disclosures

Controlling party
The controlling party is T R Heard and E F Heard.