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REGISTERED NUMBER: 03563906 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2018

FOR

ABSTRACT WORLDS LIMITED

ABSTRACT WORLDS LIMITED (REGISTERED NUMBER: 03563906)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 JANUARY 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ABSTRACT WORLDS LIMITED

COMPANY INFORMATION
for the year ended 31 JANUARY 2018







DIRECTOR: P Ireland





REGISTERED OFFICE: 9 Laburnum Close
Wellingborough
Northamptonshire
NN8 3GP





REGISTERED NUMBER: 03563906 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistle Down Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG

ABSTRACT WORLDS LIMITED (REGISTERED NUMBER: 03563906)

ABRIDGED BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2 98

CURRENT ASSETS
Debtors 474 484
Cash at bank 30,340 31,028
30,814 31,512
CREDITORS
Amounts falling due within one year 51,331 40,200
NET CURRENT LIABILITIES (20,517 ) (8,688 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,515

)

(8,590

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (20,517 ) (8,592 )
SHAREHOLDERS' FUNDS (20,515 ) (8,590 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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.

ABSTRACT WORLDS LIMITED (REGISTERED NUMBER: 03563906)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2018


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 January 2018 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 director on 12 July 2018 and were signed by:





P Ireland - Director


ABSTRACT WORLDS LIMITED (REGISTERED NUMBER: 03563906)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 JANUARY 2018

1. STATUTORY INFORMATION

Abstract Worlds 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
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2017
and 31 January 2018 1,311
DEPRECIATION
At 1 February 2017 1,213
Charge for year 96
At 31 January 2018 1,309
NET BOOK VALUE
At 31 January 2018 2
At 31 January 2017 98