REGISTERED NUMBER: 04213750 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2017

for

ABW (CA) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Cathcart

J Worton

REGISTERED OFFICE:

Hopkins Pharmacy

Alcester Primary Care Centre

Fields Park Drive

Alcester

Warwickshire

B49 6PX

REGISTERED NUMBER:

04213750 (England and Wales)

ACCOUNTANTS:

Derek Young & Co Accountants LLP

Chartered Accountants

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

FIXED ASSETS

Tangible assets

4

275,141

288,898

CURRENT ASSETS

Stocks

62,219

57,655

Debtors

143,015

197,874

Cash at bank and in hand

28,167

61,486

233,401

317,015

CREDITORS

Amounts falling due within one year

327,676

509,523

NET CURRENT LIABILITIES

(94,275

)

(192,508

)

TOTAL ASSETS LESS CURRENT LIABILITIES

180,866

96,390

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

179,866

95,390

SHAREHOLDERS' FUNDS

180,866

96,390

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 February 2018 and were signed on its behalf by:

M D Cathcart - Director

1.	STATUTORY INFORMATION

ABW (CA) 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 represents amounts derived from the provision of goods and services falling within the company's ordinary

activities, after deduction of trade discounts, value added tax and any other tax based on the amounts so derived.

Tangible fixed assets

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

Long leasehold

-

over the term of the lease

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks

Stocks 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 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.

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 8 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2016

and 30 September 2017

544,490

DEPRECIATION

At 1 October 2016

255,592

Charge for year

13,757

At 30 September 2017

269,349

NET BOOK VALUE

At 30 September 2017

275,141

At 30 September 2016

288,898

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2017

2016

£

£

Within one year

31,120

31,120

Between one and five years

124,480

124,480

In more than five years

466,800

479,920

622,400

635,520

6.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank loans

-

322,709

The bank holds a First Mortgage dated 10 November 2011 over present and future assets and book debts.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

950

Ordinary

£1

950

950

50

A Ordinary

£1

50

50

1,000

1,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2017 and

30 September 2016:

2017

2016

£

£

C G Stock

Balance outstanding at start of year

2,159

-

Amounts advanced

-

2,159

Amounts repaid

(2,159

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,159

9.	ULTIMATE CONTROLLING PARTY

The directors consider that there is no single controlling party.