REGISTERED NUMBER: 04788431 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

ABEN BUILDERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Bennett

SECRETARY:

Athos Business Solutions Limited

REGISTERED OFFICE:

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

REGISTERED NUMBER:

04788431 (England and Wales)

ACCOUNTANTS:

Athos Business Solutions

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

FIXED ASSETS

Tangible assets

4

1,327

1,769

CURRENT ASSETS

Debtors

5

24,625

31,530

Cash at bank

253

53

24,878

31,583

CREDITORS

Amounts falling due within one year

6

24,991

31,589

NET CURRENT LIABILITIES

(113

)

(6

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,214

1,763

PROVISIONS FOR LIABILITIES

189

273

NET ASSETS

1,025

1,490

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

925

1,390

SHAREHOLDERS' FUNDS

1,025

1,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 20 March 2018 and were signed by:

P J Bennett - Director

1.	STATUTORY INFORMATION

Aben Builders 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

Office equipment

-

25% on reducing balance

Motor vehicles

-

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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 July 2016

and 30 June 2017

7,583

2,314

2,192

12,089

DEPRECIATION

At 1 July 2016

7,029

1,151

2,140

10,320

Charge for year

138

291

13

442

At 30 June 2017

7,167

1,442

2,153

10,762

NET BOOK VALUE

At 30 June 2017

416

872

39

1,327

At 30 June 2016

554

1,163

52

1,769

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

23,731

30,503

Other debtors

894

1,027

24,625

31,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

7,236

9,038

Trade creditors

1,593

9,530

Taxation and social security

4,713

11,331

Other creditors

11,449

1,690

24,991

31,589

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £8,000 (2016 - £16,600) were paid to the director .

Within other creditors is a balance owed to the director P Bennett of £273 (2016 - £640).

8.	ULTIMATE CONTROLLING PARTY