REGISTERED NUMBER: 05813933 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2016

FOR

ABLESEARCH LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr I Pereira

REGISTERED OFFICE:

112 Upton Road

Bexleyheath

Kent

DA6 8LX

REGISTERED NUMBER:

05813933 (England and Wales)

ACCOUNTANTS:

1st Accounting and Consulting Limited

Chartered Accountants

1st Group

Bow Court

Coventry

CV5 6SP

FIXED ASSETS

Tangible assets

2

1,918

1,987

CURRENT ASSETS

Debtors

1,868

1,868

Cash at bank

131,563

126,103

133,431

127,971

CREDITORS

Amounts falling due within one year

13,666

13,301

NET CURRENT ASSETS

119,765

114,670

TOTAL ASSETS LESS CURRENT LIABILITIES

121,683

116,657

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

121,682

116,656

SHAREHOLDERS' FUNDS

121,683

116,657

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 May 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 3 February 2017 and were signed by:

Mr I Pereira - 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 the net invoiced sales of services, excluding value added tax, and after adjustment for the movement

in work in progress.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

7,200

Additions

501

At 31 May 2016

7,701

DEPRECIATION

At 1 June 2015

5,213

Charge for year

570

At 31 May 2016

5,783

NET BOOK VALUE

At 31 May 2016

1,918

At 31 May 2015

1,987

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

1

Ordinary

£1

1

1