IRIS Accounts Production v17.2.0.336 03493406 Board of Directors Board of Directors 1.2.16 31.1.17 31.1.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure034934062016-01-31034934062017-01-31034934062016-02-012017-01-31034934062015-01-31034934062015-02-012016-01-31034934062016-01-3103493406ns15:EnglandWales2016-02-012017-01-3103493406ns14:PoundSterling2016-02-012017-01-3103493406ns10:Director12016-02-012017-01-3103493406ns10:Director22016-02-012017-01-3103493406ns10:PrivateLimitedCompanyLtd2016-02-012017-01-3103493406ns10:SmallEntities2016-02-012017-01-3103493406ns10:AuditExempt-NoAccountantsReport2016-02-012017-01-3103493406ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-01-3103493406ns10:SmallCompaniesRegimeForAccounts2016-02-012017-01-3103493406ns10:FullAccounts2016-02-012017-01-3103493406ns10:CompanySecretary12016-02-012017-01-3103493406ns10:RegisteredOffice2016-02-012017-01-3103493406ns5:CurrentFinancialInstruments2017-01-3103493406ns5:CurrentFinancialInstruments2016-01-3103493406ns5:ShareCapital2017-01-3103493406ns5:ShareCapital2016-01-3103493406ns5:RetainedEarningsAccumulatedLosses2017-01-3103493406ns5:RetainedEarningsAccumulatedLosses2016-01-3103493406ns5:PlantMachinery2016-02-012017-01-3103493406ns5:PlantMachinery2016-01-3103493406ns5:PlantMachinery2017-01-3103493406ns5:PlantMachinery2016-01-3103493406ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-3103493406ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-3103493406ns5:CurrentFinancialInstruments2016-02-012017-01-31


REGISTERED NUMBER: 03493406 (England and Wales)








Unaudited Financial Statements

For The Year Ended 31 January 2017

for

ABA-TEXT (UK) LIMITED

ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)






Contents of the Financial Statements
For The Year Ended 31 JANUARY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABA-TEXT (UK) LIMITED

Company Information
For The Year Ended 31 JANUARY 2017







DIRECTORS: N J Halliwell
Ms M E Milego Campos





SECRETARY: N J Halliwell





REGISTERED OFFICE: 13 Clifton Road
Exeter
Devon
EX1 2BR





REGISTERED NUMBER: 03493406 (England and Wales)

ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)

Balance Sheet
31 JANUARY 2017

2017 2016
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 635 843

CURRENT ASSETS
Debtors 5 689 4,190
Cash at bank 45,797 28,729
46,486 32,919
CREDITORS
Amounts falling due within one year 6 14,910 7,535
NET CURRENT ASSETS 31,576 25,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,211

26,227

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,111 26,127
SHAREHOLDERS' FUNDS 32,211 26,227

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

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

ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)

Balance Sheet - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 August 2017 and were
signed on its behalf by:




N J Halliwell - Director



Ms M E Milego Campos - Director


ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)

Notes to the Financial Statements
For The Year Ended 31 JANUARY 2017

1. STATUTORY INFORMATION

Aba-Text (UK) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

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 and 20% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling
at the rate of exchange ruling at the date of transaction. Exchange differences are taken into
account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)

Notes to the Financial Statements - continued
For The Year Ended 31 JANUARY 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2016
and 31 January 2017 28,114
DEPRECIATION
At 1 February 2016 27,271
Charge for year 208
At 31 January 2017 27,479
NET BOOK VALUE
At 31 January 2017 635
At 31 January 2016 843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2017 2016
as
restated
£    £   
Trade debtors 689 4,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2017 2016
as
restated
£    £   
Trade creditors 1,865 1,505
Taxation and social security 1,548 462
Other creditors 11,497 5,568
14,910 7,535

Included in 'other creditors' is a loan from the directors, Mr N J Halliwell & Miss M E Milego
Campos.

ABA-TEXT (UK) LIMITED (REGISTERED NUMBER: 03493406)

Notes to the Financial Statements - continued
For The Year Ended 31 JANUARY 2017

7. PRIOR YEAR ADJUSTMENT

The prior year adjustment is in relation to a corrected entry to the Directors Loan Account of
£12,000.