Abide Services UK Ltd

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		132		176

			132		176
CURRENT ASSETS
Debtors		4,089		8,312
Cash at bank and in hand		3,068		2,407

		7,157		10,719
Creditors: Amounts Falling Due Within One Year		(6,589 )		(10,054 )

NET CURRENT ASSETS (LIABILITIES)			568		665

TOTAL ASSETS LESS CURRENT LIABILITIES			700		841

NET ASSETS			700		841

CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and Loss Account			600		741

SHAREHOLDERS' FUNDS			700		841

Company No. 07309509

Abbreviated Balance Sheet (continued) 31 July 2016

For the year ending 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Oluremi Agbebi

01/01/2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

-25% reducing balance

2. Tangible Assets


	Total
Cost	£
As at 1 August 2015	235

As at 31 July 2016	235

Depreciation
As at 1 August 2015	59
Provided during the period	44

As at 31 July 2016	103

Net Book Value
As at 31 July 2016	132

As at 1 August 2015	176

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100