REGISTERED NUMBER: 07088272 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

AB HOUSING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B DRISCOLL

A DRISCOLL

SECRETARY:

MRS G DRISCOLL

REGISTERED OFFICE:

21 GREENSIDE ROAD

ERDINGTON

BIRMINGHAM

West Midlands

B24 0DJ

REGISTERED NUMBER:

07088272 (England and Wales)

ACCOUNTANTS:

SHABIR NAWAB & CO

11 PORTLAND ROAD

EDGBASTON

BIRMINGHAM

West Midlands

B16 9HN

FIXED ASSETS

Tangible assets

2

1,454,359

1,195,763

CURRENT ASSETS

Debtors

14,373

9,000

Cash at bank and in hand

44,682

59,403

59,055

68,403

CREDITORS

Amounts falling due within one year

242,428

232,187

NET CURRENT LIABILITIES

(183,373

)

(163,784

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,270,986

1,031,979

CREDITORS

Amounts falling due after more than one year

3

1,081,929

898,512

NET ASSETS

189,057

133,467

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

188,957

133,367

SHAREHOLDERS' FUNDS

189,057

133,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 18 August 2017 and were signed on its behalf by:

A DRISCOLL - 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.

Tangible fixed assets

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

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

1,195,763

Additions

258,596

At 30 November 2016

1,454,359

NET BOOK VALUE

At 30 November 2016

1,454,359

At 30 November 2015

1,195,763

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

729,581

646,164

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

ORDINARY

1

100

100