REGISTERED NUMBER: 03532542 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

ABBEY SHOOTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A Levermore

SECRETARY:

D A Levermore

REGISTERED OFFICE:

63 Ridgeway

Hurst Green

Etchingham

East Sussex

TN19 7PJ

REGISTERED NUMBER:

03532542 (England and Wales)

ACCOUNTANTS:

Hayes & Co.

Halbrook House,

Pluckley Road,

Charing,

Ashford,

Kent

TN27 0AQ

FIXED ASSETS

Tangible assets

4

3,734

3,334

CURRENT ASSETS

Stocks

1,594

2,373

Debtors

5

-

270

Cash at bank

-

4,248

1,594

6,891

CREDITORS

Amounts falling due within one year

6

45,141

44,087

NET CURRENT LIABILITIES

(43,547

)

(37,196

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(39,813

)

(33,862

)

ACCRUALS AND DEFERRED INCOME

2,092

545

NET LIABILITIES

(41,905

)

(34,407

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

(41,907

)

(34,409

)

SHAREHOLDERS' FUNDS

(41,905

)

(34,407

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 18 December 2017 and were signed by:

D A Levermore - Director

1.	STATUTORY INFORMATION

ABBEY SHOOTING 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

-

20% 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.

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 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

machinery

£

COST

At 1 April 2016

48,146

Additions

1,333

At 31 March 2017

49,479

DEPRECIATION

At 1 April 2016

44,812

Charge for year

933

At 31 March 2017

45,745

NET BOOK VALUE

At 31 March 2017

3,734

At 31 March 2016

3,334

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

-

270

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

347

-

Other creditors

44,794

44,087

45,141

44,087

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary

£ 1

2

2

8.

RESERVES

Retained

earnings

£

At 1 April 2016

(34,409

)

Deficit for the year

(7,498

)

At 31 March 2017

(41,907

)

9.	RELATED PARTY DISCLOSURES

The company is controlled by the director.