REGISTERED NUMBER: 07227877 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 May 2015 to 31 March 2016

for

Abisol Consultants Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr G A Oluwande

Mrs I A Oluwande

SECRETARY:

Mrs I A Oluwande

REGISTERED OFFICE:

2 Haysoms Drive

Greenham

Newbury

Berkshire

RG19 8EY

REGISTERED NUMBER:

07227877 (England and Wales)

ACCOUNTANTS:

Northover & Co Accountants Ltd

132A Bournemouth Road

Chandler's Ford

Eastleigh

Hampshire

SO53 3AL

FIXED ASSETS

Tangible assets

2

119

292

CURRENT ASSETS

Debtors

34,367

6,039

Cash at bank

157,346

178,892

191,713

184,931

CREDITORS

Amounts falling due within one year

17,357

63,556

NET CURRENT ASSETS

174,356

121,375

TOTAL ASSETS LESS CURRENT LIABILITIES

174,475

121,667

PROVISIONS FOR LIABILITIES

24

78

NET ASSETS

174,451

121,589

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

174,441

121,579

SHAREHOLDERS' FUNDS

174,451

121,589

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 June 2016 and were signed on its behalf by:

Dr G A Oluwande - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

All sales are made within Nigeria, USA and the UK.

Tangible fixed assets

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

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 31 March 2016

692

DEPRECIATION

At 1 May 2015

400

Charge for period

173

At 31 March 2016

573

NET BOOK VALUE

At 31 March 2016

119

At 30 April 2015

292

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2016 and

the year ended 30 April 2015:

2016

2015

£

£

Dr G A Oluwande and Mrs I A Oluwande

Balance outstanding at start of period

-

-

Amounts advanced

24,594

-

Amounts repaid

-

-

Balance outstanding at end of period

24,594

-