IRIS Accounts Production v18.1.0.975 SC192197 Board of Directors 1.1.17 31.12.17 31.12.17 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1921972016-12-31SC1921972017-12-31SC1921972017-01-012017-12-31SC1921972015-12-31SC1921972016-01-012016-12-31SC1921972016-12-31SC192197ns15:Scotland2017-01-012017-12-31SC192197ns14:PoundSterling2017-01-012017-12-31SC192197ns10:Director12017-01-012017-12-31SC192197ns10:PrivateLimitedCompanyLtd2017-01-012017-12-31SC192197ns10:Micro-entities2017-01-012017-12-31SC192197ns10:AuditExemptWithAccountantsReport2017-01-012017-12-31SC192197ns10:FullAccounts2017-01-012017-12-31SC192197ns5:CurrentFinancialInstruments2017-12-31SC192197ns5:CurrentFinancialInstruments2016-12-31SC192197ns10:Director112016-12-31SC192197ns10:Director112015-12-31SC192197ns10:Director112017-01-012017-12-31SC192197ns10:Director112016-01-012016-12-31SC192197ns10:Director112017-12-31SC192197ns10:Director112016-12-31
























Unaudited Financial Statements for the Year Ended 31st December 2017

for

Abib Ltd

Abib Ltd (Registered number: SC192197)






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




Page

Balance Sheet 1

Chartered Accountants' Report 3

Abib Ltd (Registered number: SC192197)

Balance Sheet
31st December 2017

2017 2016
£    £    £    £   
FIXED ASSETS 309 412

CURRENT ASSETS 60,564 41,109

CREDITORS
Amounts falling due within one year (12,910 ) (10,553 )
NET CURRENT ASSETS 47,654 30,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,963

30,968

CAPITAL AND RESERVES 47,963 30,968

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Abib Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and
registered office address are as below:

Registered number: SC192197

Registered office: 20 Wellington Square
Ayr
Ayrshire
KA7 1EZ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2016 - 2 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2017 and
31st December 2016:

2017 2016
£    £   
I Burnett
Balance outstanding at start of year (1,247 ) (16,258 )
Amounts advanced 9,886 15,011
Amounts repaid (10,000 ) -
Balance outstanding at end of year (1,361 ) (1,247 )

At the balance sheet date the company owed £1,361 (2016 - £1,247) to I Burnett, the director.



Abib Ltd (Registered number: SC192197)

Balance Sheet - continued
31st December 2017


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12th April 2018 and were signed on its behalf by:





I Burnett - Director


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Abib Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar
of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Abib Ltd for the year ended 31st December 2017 which comprise the Income Statement, 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Abib Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abib Ltd and state those matters that we have agreed to state to the Board of Directors of Abib Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

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

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






James Bell & Co.
20 Wellington Square
Ayr
Ayrshire
KA7 1EZ


14th April 2018