Abbot Technical Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03547355 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Abbot Technical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Goonetilleke

REGISTERED OFFICE:

Unit 9

Manor Farm

Hanslope

Milton Keynes

Buckinghamshire

MK19 7BQ

REGISTERED NUMBER:

03547355 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

Milton House

Gatehouse Road

Aylesbury

Buckinghamshire

HP19 8EA

FIXED ASSETS

Tangible assets

4

839

1,119

CURRENT ASSETS

Debtors

5

5,221

2,871

Cash at bank

537

1,127

5,758

3,998

CREDITORS

Amounts falling due within one year

6

12

-

NET CURRENT ASSETS

5,746

3,998

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,585

5,117

CREDITORS

Amounts falling due after more than one
year

7

(650

)

(650

)

PROVISIONS FOR LIABILITIES

-

(18

)

NET ASSETS

5,935

4,449

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

5,835

4,349

SHAREHOLDERS' FUNDS

5,935

4,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 2 August 2018 and were signed by:

R J Goonetilleke - Director

1.	STATUTORY INFORMATION

Abbot Technical Services 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.

Significant judgements and estimates

There are no significant judgements or estimates in the accounts.

Tangible fixed assets

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

Plant and machinery etc

-

25% 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 NIL (2016 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

16,103

DEPRECIATION

At 1 January 2017

14,984

Charge for year

280

At 31 December 2017

15,264

NET BOOK VALUE

At 31 December 2017

839

At 31 December 2016

1,119

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Amounts owed by group undertakings

2,621

271

Other debtors

2,600

5,221

2,871

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Taxation and social security

12

-

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2017

2016

£

Other creditors

650

8.	RELATED PARTY TRANSACTIONS

The company was under the control of Mr Goonetilleke throughout the current and previous year. Mr

Goonetilleke is the managing director and majority shareholder of the holding company, Abbot Fixing

Systems Limited.

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Abbot Fixing Systems Limited, a company registered in

England and Wales.