REGISTERED NUMBER: 03814369 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 AUGUST 2015 TO 31 AUGUST 2016

FOR

ABKAN LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

J R Tester

SECRETARY:

Mrs B M Tester

REGISTERED OFFICE:

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

REGISTERED NUMBER:

03814369 (England and Wales)

ACCOUNTANTS:

Richard Matthew Limited

Chartered Accountant

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

FIXED ASSETS

Tangible assets

2

3,089

3,394

CURRENT ASSETS

Stocks

9,540

13,643

Debtors

1,180

5,878

Cash at bank

11,920

1,082

22,640

20,603

CREDITORS

Amounts falling due within one year

23,391

61,065

NET CURRENT LIABILITIES

(751

)

(40,462

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,338

(37,068

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,238

(37,168

)

SHAREHOLDERS' FUNDS

2,338

(37,068

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2016 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 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 director on 20 January 2017 and were signed by:

J R Tester - 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 goods, excluding value added tax.

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

-

10% 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.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 August 2016

9,053

DEPRECIATION

At 1 August 2015

5,659

Charge for period

305

At 31 August 2016

5,964

NET BOOK VALUE

At 31 August 2016

3,089

At 31 July 2015

3,394

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.7.15

value:

£

£

100

Ordinary

£1.00

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Abkan Ltd for the period ended 31 August 2016 which comprise the Profit and Loss Account, the

Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Abkan Ltd in accordance with the terms of our engagement letter dated 23 March 2009. Our work has been undertaken solely to prepare for your approval the financial statements of Abkan Ltd and state those matters that we have agreed to state to the director of Abkan Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abkan Ltd director for our work or for this report.

It is your duty to ensure that Abkan Ltd 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 Abkan Ltd. You consider that Abkan Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Abkan Ltd. 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.

Richard Matthew Limited

Chartered Accountant

Forge House

Ansell Road

Dorking

Surrey

RH4 1UN

Date: .............................................