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REGISTERED NUMBER: 04467769















Unaudited Financial Statements for the Year Ended 31st May 2017

for

Abus Limited

Abus Limited (Registered number: 04467769)






Contents of the Financial Statements
for the Year Ended 31st May 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abus Limited

Company Information
for the Year Ended 31st May 2017







DIRECTOR: A Peters





REGISTERED OFFICE: 104 Winchester Road
Brislington
Bristol
Avon
BS4 3NL





REGISTERED NUMBER: 04467769





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Abus Limited (Registered number: 04467769)

Balance Sheet
31st May 2017

31.5.17 31.5.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 315,062 382,049

CURRENT ASSETS
Debtors 5 111,394 96,935

CREDITORS
Amounts falling due within one year 6 164,487 128,286
NET CURRENT LIABILITIES (53,093 ) (31,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,969

350,698

CREDITORS
Amounts falling due after more than one
year

7

(171,035

)

(190,625

)

PROVISIONS FOR LIABILITIES (31,362 ) -
NET ASSETS 59,572 160,073

CAPITAL AND RESERVES
Called up share capital 115 115
Retained earnings 59,457 159,958
SHAREHOLDERS' FUNDS 59,572 160,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

Abus Limited (Registered number: 04467769)

Balance Sheet - continued
31st May 2017


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 27th February 2018 and were signed by:





A Peters - Director


Abus Limited (Registered number: 04467769)

Notes to the Financial Statements
for the Year Ended 31st May 2017

1. STATUTORY INFORMATION

Abus Limited is a private company, limited by shares , registered in Not specified/Other. 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 etc - 20% on reducing balance and 10% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

Abus Limited (Registered number: 04467769)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2016 777,954
Additions 20,500
Disposals (19,080 )
At 31st May 2017 779,374
DEPRECIATION
At 1st June 2016 395,905
Charge for year 77,132
Eliminated on disposal (8,725 )
At 31st May 2017 464,312
NET BOOK VALUE
At 31st May 2017 315,062
At 31st May 2016 382,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.17 31.5.16
£    £   
Trade debtors 82,669 74,211
Other debtors 28,725 22,724
111,394 96,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.17 31.5.16
£    £   
Bank loans and overdrafts 101,470 66,597
Hire purchase contracts 26,544 16,294
Trade creditors 35,109 26,820
Taxation and social security (6,111 ) 5,680
Other creditors 7,475 12,895
164,487 128,286

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.17 31.5.16
£    £   
Hire purchase contracts 32,833 45,861
Other creditors 138,202 144,764
171,035 190,625