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REGISTERED NUMBER: 03391356 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Abbott Stoves & Cookers Limited

Abbott Stoves & Cookers Limited (Registered number: 03391356)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Abbott Stoves & Cookers Limited

Company Information
for the Year Ended 31 December 2016







DIRECTOR: Ms J A Oliver





SECRETARY: Mrs J Casillas





REGISTERED OFFICE: 36 Topcliffe Road
Sowerby
Thirsk
North Yorkshire
YO7 1RB





REGISTERED NUMBER: 03391356 (England and Wales)





ACCOUNTANTS: DSCO
The Old Boardroom
Collett Road
Ware
Hertfordshire
SG12 7LR

Abbott Stoves & Cookers Limited (Registered number: 03391356)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,173 7,397

CURRENT ASSETS
Stocks 5 57,824 53,841
Debtors 6 6,765 1,828
Cash at bank and in hand 21,258 27,864
85,847 83,533
CREDITORS
Amounts falling due within one year 7 78,872 68,009
NET CURRENT ASSETS 6,975 15,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,148

22,921

PROVISIONS FOR LIABILITIES 435 -
NET ASSETS 8,713 22,921

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 8 (1,287 ) 12,921
SHAREHOLDERS' FUNDS 8,713 22,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 August 2017 and were signed by:



Ms J A Oliver - Director


Abbott Stoves & Cookers Limited (Registered number: 03391356)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Abbott Stoves & Cookers 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.

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

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Abbott Stoves & Cookers Limited (Registered number: 03391356)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2016 2,462 14,808 43,690 60,960
Disposals - - (8,000 ) (8,000 )
At 31 December 2016 2,462 14,808 35,690 52,960
DEPRECIATION
At 1 January 2016 2,431 14,555 36,577 53,563
Charge for year 8 63 653 724
Eliminated on disposal - - (3,500 ) (3,500 )
At 31 December 2016 2,439 14,618 33,730 50,787
NET BOOK VALUE
At 31 December 2016 23 190 1,960 2,173
At 31 December 2015 31 253 7,113 7,397

5. STOCKS
31.12.16 31.12.15
£    £   
Stocks 57,824 53,841

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 1,761 1,479
Other debtors 160 160
Prepayments 4,844 189
6,765 1,828

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Bank loans and overdrafts 2,250 1,662
Trade creditors 31,513 28,792
Social security and other taxes 2,602 1,805
VAT 8,728 11,376
Other creditors 3,904 -
Directors' current accounts 27,075 21,674
Accrued expenses 2,800 2,700
78,872 68,009

Abbott Stoves & Cookers Limited (Registered number: 03391356)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

8. RESERVES
Retained
earnings
£   

At 1 January 2016 12,921
Deficit for the year (14,208 )
At 31 December 2016 (1,287 )

9. RELATED PARTY DISCLOSURES

Mrs J. Casillas

During the year £12,040 (2015: £18,712) was paid to Julie Casillas, a Director of the Company for book-keeping
services

Mr R. Casillas

During the year £4,391 (2015: £2,163) was paid to Ray Casillas, a close relation to a Director of the Company,
for subcontractor services.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Ms J A Oliver.