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REGISTERED NUMBER: 05581521 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2017

for

Abbeywood Landscape & Building Supplies
Limited

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)






Contents of the Financial Statements
for the Year Ended 31 October 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abbeywood Landscape & Building Supplies
Limited

Company Information
for the Year Ended 31 October 2017







DIRECTORS: Mr A Jarvis
Mrs H Jarvis





SECRETARY: Mrs H Jarvis





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 05581521 (England and Wales)





ACCOUNTANTS: Franklin Underwood
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Balance Sheet
31 October 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,572 8,764
6,572 8,764

CURRENT ASSETS
Stocks 6 756 1,062
Debtors 7 56,797 73,500
Cash at bank 343,154 291,705
400,707 366,267
CREDITORS
Amounts falling due within one year 8 27,784 38,614
NET CURRENT ASSETS 372,923 327,653
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,495

336,417

PROVISIONS FOR LIABILITIES 9 1,118 1,753
NET ASSETS 378,377 334,664

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 378,277 334,564
SHAREHOLDERS' FUNDS 378,377 334,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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.

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Balance Sheet - continued
31 October 2017


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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 27 June 2018 and were signed on its behalf by:





Mr A Jarvis - Director


Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

Abbeywood Landscape & Building Supplies Limited 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 October 2017 are the first that are prepared in accordance with
FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of
transition to FRS 102 Section 1A is 1 November 2015.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 have been enacted or
substantively enacted by the balance sheet date.


Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable for the year are charged in
the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2016
and 31 October 2017 30,000
AMORTISATION
At 1 November 2016
and 31 October 2017 30,000
NET BOOK VALUE
At 31 October 2017 -
At 31 October 2016 -

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2016
and 31 October 2017 1,032 24,500 3,195 28,727
DEPRECIATION
At 1 November 2016 537 17,025 2,401 19,963
Charge for year 124 1,869 199 2,192
At 31 October 2017 661 18,894 2,600 22,155
NET BOOK VALUE
At 31 October 2017 371 5,606 595 6,572
At 31 October 2016 495 7,475 794 8,764

6. STOCKS
2017 2016
£    £   
Finished goods 756 1,062

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors - 47,028
Directors' current accounts 55,188 24,561
VAT - 721
Prepayments 1,609 1,190
56,797 73,500

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 1,407 22,767
Tax 18,413 14,424
VAT 6,031 -
Accruals and deferred income 1,933 1,423
27,784 38,614

9. PROVISIONS FOR LIABILITIES
2017 2016
£    £   
Deferred tax 1,118 1,753

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2016 1,753
Credit to Income Statement during year (635 )
Balance at 31 October 2017 1,118

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary shares £1 100 100

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2017 and
31 October 2016:

2017 2016
£    £   
Mr A Jarvis and Mrs H Jarvis
Balance outstanding at start of year 24,561 68,508
Amounts advanced 73,501 41,654
Amounts repaid (42,874 ) (85,601 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 55,188 24,561

Interest was charged on the above at a rate of 3.00% per annum up to 5 April 2017 and at 2.5% per annum
thereafter. The directors loan account was cleared within nine months of the year end.