REGISTERED NUMBER: 01266725 (England and Wales)

ABACUS HOUSE HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Mellstrom

N D Dauncey

Mrs J L Lancaster

Mrs K F Bradshaw

SECRETARY:

N D Dauncey

REGISTERED OFFICE:

11 Peace Drive

Belvedere

Shrewsbury

Shropshire

SY2 5NQ

REGISTERED NUMBER:

01266725 (England and Wales)

FIXED ASSETS

Tangible assets

4

792

932

Investments

5

5,502

5,502

6,294

6,434

CURRENT ASSETS

Debtors

6

2,522,817

2,299,976

Cash at bank

39

2,245

2,522,856

2,302,221

CREDITORS

Amounts falling due within one year

7

284,891

288,449

NET CURRENT ASSETS

2,237,965

2,013,772

TOTAL ASSETS LESS CURRENT LIABILITIES

2,244,259

2,020,206

CREDITORS

Amounts falling due after more than one year

8

583,202

586,282

NET ASSETS

1,661,057

1,433,924

CAPITAL AND RESERVES

Called up share capital

9

140

140

Retained earnings

10

1,660,917

1,433,784

SHAREHOLDERS' FUNDS

1,661,057

1,433,924

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 28 November 2017 and were signed on its behalf by:

N J Mellstrom - Director

N D Dauncey - Director

1.	STATUTORY INFORMATION

Abacus House Holdings 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.

Tangible fixed assets

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

Fixtures and fittings

-

15% 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.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 July 2016

and 30 June 2017

10,848

DEPRECIATION

At 1 July 2016

9,916

Charge for year

140

At 30 June 2017

10,056

NET BOOK VALUE

At 30 June 2017

792

At 30 June 2016

932

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2016

and 30 June 2017

5,502

NET BOOK VALUE

At 30 June 2017

5,502

At 30 June 2016

5,502

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

2,522,697

2,299,856

Other debtors

120

120

2,522,817

2,299,976

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

284,891

288,449

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Directors loan accounts

583,202

586,282

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1,130

Ordinary A

1p

11

11

870

Ordinary B

1p

9

9

12,000

Ordinary C&D

1p

120

120

140

140

The C and D shares comprise of the following

No of shares of 1p

£

C Ordinary shares

6,780

68

D Ordinary shares

5,220

52

Total

12,000

120

10.

RESERVES

Retained

earnings

£

At 1 July 2016

1,433,784

Profit for the year

255,133

Dividends

(28,000

)

At 30 June 2017

1,660,917

11.	RELATED PARTY DISCLOSURES

The company paid dividends in the year of £28,000 to the directors, Mr N D Dauncey and Mr N J Mellstrom and

their families.

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr & Mrs Mellstrom and Mr & Mrs Dauncey and their families.