Abbott Projects Ltd 06907054 false 2016-06-01 2017-05-31 2017-05-31 The principal activity of the company is that of property rental. This remians unchanged since last year Digita Accounts Production Advanced 6.20.8420.0 Software true 06907054 2016-06-01 2017-05-31 06907054 2017-05-31 06907054 core:CurrentFinancialInstruments core:WithinOneYear 2017-05-31 06907054 bus:Micro-entities 2016-06-01 2017-05-31 06907054 bus:AuditExemptWithAccountantsReport 2016-06-01 2017-05-31 06907054 bus:FullAccounts 2016-06-01 2017-05-31 06907054 bus:RegisteredOffice 2016-06-01 2017-05-31 06907054 bus:Director1 2016-06-01 2017-05-31 06907054 bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31 06907054 4 2016-06-01 2017-05-31 06907054 countries:England 2016-06-01 2017-05-31 06907054 2016-05-31 06907054 core:CurrentFinancialInstruments core:WithinOneYear 2016-05-31 06907054 core:RestatedAmount 2016-05-31 iso4217:GBP

Abbott Projects Ltd

Filleted Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2017

Abbott Projects Ltd

Contents

Balance Sheet	1 to 3
Notes to the Financial Statements	2

Abbott Projects Ltd

(Registration number: 06907054)
Balance Sheet as at 31 May 2017

	Note	2017 £	(As restated) 2016 £
Fixed assets		331,518	328,503
Current assets		165,962	150,637
Prepayments and accrued income		240	240
Creditors: Amounts falling due within one year		(449,025)	(422,551)
Net current liabilities		(282,823)	(271,674)
Total assets less current liabilities		48,695	56,829
Accruals and deferred income		(8,100)	(6,430)
		40,595	50,399
Capital and reserves		40,595	50,399

The notes on page 2 form an integral part of these financial statements.

Page 1

Abbott Projects Ltd

(Registration number: 06907054)
Balance Sheet as at 31 May 2017

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

1	General information

The company is a private company limited by share capital incorporated in England.

The address of its registered office is:
21 Manley Gardens
Brigg
North Lincolnshire
DN20 8LW

These financial statements were authorised for issue by the Board on 19 October 2017

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Reclassification of comparative amounts

The company transitioned to FRS105 on 1 April 2015.

Deferred Tax is not recognised under FRS105 and as such has been removed and the comparative figures have been restated. The affect on the reserves is £595.

Investment properties are not held at fair value under FRS105 and as such have been written back to cost. The effect on the reserves is £9,472.

Page 2

Abbott Projects Ltd

(Registration number: 06907054)
Balance Sheet as at 31 May 2017

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 19 October 2017 and signed on its behalf by:
 

Mrs R J Abbott Director

The notes on page 2 form an integral part of these financial statements.

Page 3