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REGISTERED NUMBER: 01795984 (England and Wales)















Financial Statements for the Year Ended 30 April 2017

for

ABR (Specialist Welding) Limited

ABR (Specialist Welding) Limited (Registered number: 01795984)






Contents of the Financial Statements
for the Year Ended 30 April 2017




Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


ABR (Specialist Welding) Limited

Company Information
for the Year Ended 30 April 2017







DIRECTORS: A Hewitson
R Hewitson





SECRETARY: A Hewitson





REGISTERED OFFICE: 2 Haines Street
West Bromwich
West Midlands
B70 7DS





REGISTERED NUMBER: 01795984 (England and Wales)





ACCOUNTANTS: Hamiltons Group Limited
Chartered Certified Accountants
Meriden House
6 Great Cornbow
Halesowen
West Midlands
B63 3AB

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
ABR (Specialist Welding) Limited

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and
certain other primary statements and the Report of the Directors are not required to be filed with the Registrar
of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of ABR (Specialist Welding) Limited for the year ended 30 April 2017 which comprise the Income
Statement, Statement of Financial Position and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of ABR (Specialist Welding) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ABR (Specialist Welding) Limited and state those matters that we have agreed to state to the Board of Directors of ABR (Specialist Welding) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that ABR (Specialist Welding) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ABR (Specialist Welding) Limited. You consider that ABR (Specialist Welding) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ABR (Specialist Welding) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hamiltons Group Limited
Chartered Certified Accountants
Meriden House
6 Great Cornbow
Halesowen
West Midlands
B63 3AB


16 June 2017

ABR (Specialist Welding) Limited (Registered number: 01795984)

Statement of Financial Position
30 April 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 106,700 61,290

CURRENT ASSETS
Inventories 5 3,102 3,581
Debtors 6 234,919 182,797
Cash at bank 2,453,013 2,399,856
2,691,034 2,586,234
CREDITORS
Amounts falling due within one year 7 82,958 92,328
NET CURRENT ASSETS 2,608,076 2,493,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,714,776

2,555,196

PROVISIONS FOR LIABILITIES 6,776 11,505
NET ASSETS 2,708,000 2,543,691

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 2,707,900 2,543,591
SHAREHOLDERS' FUNDS 2,708,000 2,543,691

ABR (Specialist Welding) Limited (Registered number: 01795984)

Statement of Financial Position - continued
30 April 2017


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 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 16 June 2017 and were signed on its behalf by:




A Hewitson - Director



R Hewitson - Director


ABR (Specialist Welding) Limited (Registered number: 01795984)

Notes to the Financial Statements
for the Year Ended 30 April 2017

1. STATUTORY INFORMATION

ABR (Specialist Welding) 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.

The company has adopted FRS 102 (Section 1A) for the first time in the year ended 30 April 2017.

The financial statements are presented in pound sterling which is the functional currency of the company and
rounded to the nearest £.

Significant judgements and estimates
Critical accounting judgements and estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors,
including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will,
by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk
of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period
are addressed below:

Useful economic lives of tangible assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives
and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They
are amended when necessary to reflect current estimates, based on technological advancement, future
investments, economic utilisation and the physical condition of the assets.

Impairment of debtors
The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment
of trade and other debtors, management considers factors including the current credit rating of the debtor, the
ageing of debtors and historical experience.

Turnover
Revenue 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.
Freehold property - 0%
Plant and machinery - 33% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

A depreciation rate of 0% is charged in respect of freehold buildings as the directors are of the opinion that their
useful economic lives and estimated residual values are such that any element of depreciation is not material.

ABR (Specialist Welding) Limited (Registered number: 01795984)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

2. ACCOUNTING POLICIES - continued

Stocks
Inventories 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

ABR (Specialist Welding) Limited (Registered number: 01795984)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2016 7,885 556,796 30,717 46,813 642,211
Additions - 18,190 2,962 59,820 80,972
Disposals - - - (9,295 ) (9,295 )
At 30 April 2017 7,885 574,986 33,679 97,338 713,888
DEPRECIATION
At 1 May 2016 - 504,001 30,107 46,813 580,921
Charge for year - 27,245 587 7,730 35,562
Eliminated on disposal - - - (9,295 ) (9,295 )
At 30 April 2017 - 531,246 30,694 45,248 607,188
NET BOOK VALUE
At 30 April 2017 7,885 43,740 2,985 52,090 106,700
At 30 April 2016 7,885 52,795 610 - 61,290

5. INVENTORIES
2017 2016
£    £   
Finished goods 3,102 3,581

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 214,472 163,589
Directors' accounts 5,650 -
Prepayments 14,797 19,208
234,919 182,797

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 11,073 39,454
Corporation tax 22,940 8,667
Social security and other taxes 40,520 32,609
Other creditors 44 58
Directors' accounts - 6,482
Accruals and deferred income 8,381 5,058
82,958 92,328

ABR (Specialist Welding) Limited (Registered number: 01795984)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

During the year an amount of £24,000 (2016: £24,000) was paid to the directors in respect of rental charges.

During the year the directors received dividends from the company totalling £nil (2016: £42,000).

10. TRANSITION TO FRS

This is the first year that the company has presented its results under FRS 102 (Section 1A). The last financial
statements under the UK GAAP were for the year ended 30 April 2017. The date of transition to FRS 102
(Section 1A) was 1 May 2015.