Registered Number 06629785

ABACUS PROFESSIONAL ACCOUNTANCY SERVICES LIMITED

Micro-entity Accounts

30 June 2017

ABACUS PROFESSIONAL ACCOUNTANCY SERVICES LIMITED Registered Number 06629785

Micro-entity Balance Sheet as at 30 June 2017

Notes 2017 2016
£ £
Fixed assets
Tangible assets 1 521 407
521 407
Current assets
Debtors 5,061 3,880
Cash at bank and in hand 676 98
5,737 3,978
Creditors: amounts falling due within one year (6,081) (4,413)
Net current assets (liabilities) (344) (435)
Total assets less current liabilities 177 (28)
Total net assets (liabilities) 177 (28)
Capital and reserves
Called up share capital 2 70 70
Profit and loss account 107 (98)
Shareholders' funds 177 (28)
  • For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 March 2018

And signed on their behalf by:
A J Bunker, Director

ABACUS PROFESSIONAL ACCOUNTANCY SERVICES LIMITED Registered Number 06629785

Notes to the Micro-entity Accounts for the period ended 30 June 2017

1Tangible fixed assets
£
Cost
At 1 July 2016 977
Additions 238
Disposals -
Revaluations -
Transfers -
At 30 June 2017 1,215
Depreciation
At 1 July 2016 570
Charge for the year 124
On disposals -
At 30 June 2017 694
Net book values
At 30 June 2017 521
At 30 June 2016 407
2Called Up Share Capital
Allotted, called up and fully paid:
2017
£
2016
£
70 Ordinary shares of £1 each 70 70

3Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computer Equipment - 20% reducing balance
Office Equipment - 20% reducing balance