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REGISTERED NUMBER: 01878404 (England and Wales)














ABACUS HOUSE ESTATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017






ABACUS HOUSE ESTATES LIMITED (REGISTERED NUMBER: 01878404)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABACUS HOUSE ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2017







DIRECTORS: N J Mellstrom
N D Dauncey





SECRETARY: N D Dauncey





REGISTERED OFFICE: 11 Peace Drive
Belvedere
Shrewsbury
Shropshire
SY2 5NQ





REGISTERED NUMBER: 01878404 (England and Wales)

ABACUS HOUSE ESTATES LIMITED (REGISTERED NUMBER: 01878404)

BALANCE SHEET
30 JUNE 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 3,415,430 3,415,430

CURRENT ASSETS
Debtors 4 18,439 12,816
Cash at bank 114,094 100,440
132,533 113,256
CREDITORS
Amounts falling due within one year 5 2,571,770 2,355,831
NET CURRENT LIABILITIES (2,439,237 ) (2,242,575 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

976,193

1,172,855

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Revaluation reserve 7 759,756 759,756
Retained earnings 7 215,437 412,099
SHAREHOLDERS' FUNDS 976,193 1,172,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 29 November 2017 and were signed on its behalf
by:



N J Mellstrom - Director



N D Dauncey - Director


ABACUS HOUSE ESTATES LIMITED (REGISTERED NUMBER: 01878404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017

1. STATUTORY INFORMATION

Abacus House Estates 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.

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.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2016
and 30 June 2017 3,415,430
NET BOOK VALUE
At 30 June 2017 3,415,430
At 30 June 2016 3,415,430

ABACUS HOUSE ESTATES LIMITED (REGISTERED NUMBER: 01878404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2017

3. INVESTMENT PROPERTY - continued

Fair value at 30 June 2017 is represented by:

£   
Valuation in 2012 759,756
Cost 2,655,674
3,415,430

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 420 690
Other debtors 18,019 12,126
18,439 12,816

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 12,373 7,962
Amounts owed to participating interests 2,522,697 2,299,856
Taxation and social security 14,425 25,210
Other creditors 22,275 22,803
2,571,770 2,355,831

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1,000 Ordinary £1 1,000 1,000

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 July 2016 412,099 759,756 1,171,855
Profit for the year 103,338 103,338
Dividends (300,000 ) (300,000 )
At 30 June 2017 215,437 759,756 975,193

8. RELATED PARTY DISCLOSURES

The company paid a dividend of £300,000 in the year to the holding company Abacus House Holding Limited.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the holding company Abacus House Holdings Limited, which controls the issued
share capital and is registered in England and Wales.