REGISTERED NUMBER: 02187529 (England and Wales)

Financial Statements for the Year Ended 31 December 2016

for

Abbey Leisure Amusement Machines Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D G Wright

Mr S Robinson

SECRETARY:

Mr D G Wright

REGISTERED OFFICE:

East View Farm

Vicarage Lane

Newton

Preston

Lancashire

PR4 3RX

REGISTERED NUMBER:

02187529 (England and Wales)

ACCOUNTANTS:

Ashworth Treasure Limited

Chartered Accountants

17-19 Park Street

Lytham

Lancashire

FY8 5LU

FIXED ASSETS

Tangible assets

3

10,936

27,344

CURRENT ASSETS

Debtors

3,101

3,027

Cash at bank

14,462

12,108

17,563

15,135

CREDITORS

Amounts falling due within one year

3,652

4,125

NET CURRENT ASSETS

13,911

11,010

TOTAL ASSETS LESS CURRENT LIABILITIES

24,847

38,354

PROVISIONS FOR LIABILITIES

-

949

NET ASSETS

24,847

37,405

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

24,845

37,403

SHAREHOLDERS' FUNDS

24,847

37,405

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 July 2017 and were signed on its behalf by:

Mr D G Wright - Director

Mr S Robinson - Director

1.	STATUTORY INFORMATION

Abbey Leisure Amusement Machines 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.

Fixtures and fittings

-

25% on cost and 10% on cost

Motor vehicles

-

25% on reducing balance

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 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.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2016

51,105

Additions

349

Disposals

(29,736

)

At 31 December 2016

21,718

DEPRECIATION

At 1 January 2016

23,761

Charge for year

3,410

Eliminated on disposal

(16,389

)

At 31 December 2016

10,782

NET BOOK VALUE

At 31 December 2016

10,936

At 31 December 2015

27,344

4.	RELATED PARTY DISCLOSURES

Town and Country Hotels:

A partnership owned and run by the directors of this company.

During the year rent paid to Town and Country Hotels amounted to £10,800 (2015: £10,800).

Other related party transactions:

Storage rent of £2,400 (2015: £2,400) was paid to Mr & Mrs Wright in respect of storage space at a privately

owned property.

5.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by its directors who own 100% of the ordinary share capital.