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REGISTERED NUMBER: 04063927 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31 December 2016

for

Abacus Consulting.co.uk Limited

Abacus Consulting.co.uk Limited (Registered number: 04063927)






Contents of the Financial Statements
For The Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abacus Consulting.co.uk Limited

Company Information
For The Year Ended 31 December 2016







DIRECTORS: Mr W Hayward
Mr J Cutler





SECRETARY: Mr J Cutler





REGISTERED OFFICE: 500 Avebury Boulevard
Milton Keynes
Buckinghamshire
MK9 2BE





REGISTERED NUMBER: 04063927 (England and Wales)





ACCOUNTANTS: Cottons Accountants LLP
1 Billing Road
Northampton
Northamptonshire
NN1 5AL
Page 1
Abacus Consulting.co.uk Limited (Registered number: 04063927)

Balance Sheet
31 December 2016

31/12/16 31/12/15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,820 136,883

CURRENT ASSETS
Debtors 5 240,166 167,021
Cash at bank 146,099 141,212
386,265 308,233
CREDITORS
Amounts falling due within one year 6 167,891 154,144
NET CURRENT ASSETS 218,374 154,089
TOTAL ASSETS LESS CURRENT
LIABILITIES
355,194
290,972

CREDITORS
Amounts falling due after more than one
year
7
59,693
70,452
NET ASSETS 295,501 220,520

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 275,501 200,520
SHAREHOLDERS' FUNDS 295,501 220,520

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 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 notes form part of these financial statements

Page 2 continued...
Abacus Consulting.co.uk Limited (Registered number: 04063927)

Balance Sheet - continued
31 December 2016


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 3 March 2017 and were signed on its behalf by:




Mr W Hayward - Director



Mr J Cutler - Director


The notes form part of these financial statements

Page 3
Abacus Consulting.co.uk Limited (Registered number: 04063927)

Notes to the Financial Statements
For The Year Ended 31 December 2016

1. STATUTORY INFORMATION

Abacus Consulting.co.uk 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 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 126 .

Page 4 continued...
Abacus Consulting.co.uk Limited (Registered number: 04063927)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 136,628 81,679 218,307
DEPRECIATION
At 1 January 2016 - 81,424 81,424
Charge for year - 63 63
At 31 December 2016 - 81,487 81,487
NET BOOK VALUE
At 31 December 2016 136,628 192 136,820
At 31 December 2015 136,628 255 136,883

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/16 31/12/15
£    £   
Trade debtors 231,588 156,163
Other debtors 8,578 10,858
240,166 167,021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/16 31/12/15
£    £   
Bank loans and overdrafts 10,308 9,668
Trade creditors 19,457 18,866
Taxation and social security 132,063 121,358
Other creditors 6,063 4,252
167,891 154,144

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/16 31/12/15
£    £   
Bank loans 59,693 70,452

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 16,621 30,080

Page 5 continued...
Abacus Consulting.co.uk Limited (Registered number: 04063927)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

31/12/16 31/12/15
£    £   
Bank loans 70,001 80,120

All monies due to Lloyds TSB Commercial Finance Ltd were secured by fixed and floating charges over the
company and all property and assets including goodwill, book debts uncalled, capital buildings fixtures and fixed
plant and equipment. The company was released from this commitment on 20 December 2013.

A new charge was taken out on 20 December 2013 in favour of Lloyds Bank plc whereby all monies due are
secured by fixed and floating charges over the property and undertakings of the company.

Page 6