Accounts



















	AABACUS ACCOUNTANTS & TAX ADVISORS LTD.



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 AUGUST 2017

	AABACUS ACCOUNTANTS & TAX ADVISORS LTD.
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2017


	DIRECTORS

	Mr R Hussain
	Mr A Zia
	Mr R Hussain


	SECRETARY

	Mrs R Hussain

	REGISTERED OFFICE

	306 Keighley Road Bradford BD9 4EY


	COMPANY REGISTERED NUMBER

	07033388


	BANKERS

	Barlays plc


	SOLICITORS




	ACCOUNTANTS






	CONTENTS

	Pages

	<Pfrs4m-frs4m>	Income Statement


	2	Statement of Financial Position


	The following do not form part of the statutory financial statements:


	<Pfrs50-frs50>	Trading and Profit and Loss Account

	<Pfrs51-frs51l>	Profit and Loss Account Summaries

	page 1

AABACUS ACCOUNTANTS & TAX ADVISORS LTD.
Company registered number: 07033388
STATEMENT OF FINANCIAL POSITION AT 31 August 2017

	Note	2017		2016
		£	£	£
FIXED ASSETS
Intangible assets			13,910	13,910
Property, plant and equipment			4,561	4,561
			18,471	18,471
CURRENT ASSETS
Debtors		4,177		6,013
Cash at bank and in hand		14,594		12,690
		18,771		18,703
CREDITORS: Amounts falling due within one year		31,559		32,968
NET CURRENT LIABILITIES			(12,788)	(14,265)
NET ASSETS			£5,683	£4,206

CAPITAL AND RESERVES
Called up share capital			1,000	2
Retained earnings			4,683	4,204
SHAREHOLDERS' FUNDS			£5,683	£4,206


1.	CHANGE IN ACCOUNTING POLICY

	The company has previously had a policy of revaluation of tangible fixed assets. Under the micro entity reporting rules this no longer applies.


2.	DIRECTORS ADVANCES AND CREDITS
		2016	2017
	General details	£	£
	Director 1, indication of main conditions and rate of interest	(6,293)	(5,295)


3.	GUARANTEES ON BEHALF OF DIRECTORS

		Maximum	Amount paid/
		liability	incurred
		£	£
	General description of the guarantee and details of the main terms (first director)


4.	GUARANTEES AND OTHER FINANCIAL COMMITMENTS

	This is an example of a guarantee

	Capital commitments

	At the end of the year, capital commitments were:
		2017	2016
		£	£
		£-	£-

	page 2

AABACUS ACCOUNTANTS & TAX ADVISORS LTD.
Company registered number: 07033388
STATEMENT OF FINANCIAL POSITION AT 31 August 2017 (CONT.)

	Note	2017		2016
		£	£	£


4.	GUARANTEES AND OTHER FINANCIAL COMMITMENTS (CONT.)

	This is an example of a guarantee


	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question 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 for its accounts for the year in question in accordance with section 476,

	The directors acknowledge their responsibilities for: a) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and b) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.



	These accounts 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 accounts were approved by the board of directors on 02 May 2018




	Mr R Hussain, Director

page 3