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REGISTERED NUMBER: 06137219 (England and Wales)











Financial Statements

for the Year Ended 31 March 2017

for

Abode Living Limited

Abode Living Limited (Registered number: 06137219)

Contents of the Financial Statements
for the year ended 31 March 2017










Page

Company Information 1

Chartered Accountant's Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Abode Living Limited

Company Information
for the year ended 31 March 2017







DIRECTORS: P Brereton
L Everett





REGISTERED OFFICE: 4th Floor, International House
Queens Road
Brighton
East Sussex
BN1 3XE





BUSINESS ADDRESS: 32 Kensington Gardens
Brighton
BN1 4AL





REGISTERED NUMBER: 06137219 (England and Wales)





ACCOUNTANT: Will Taylor Limited
4th Floor
International House
Queens Road
Brighton
East Sussex
BN1 3XE

Chartered Accountant's Report to the Board of Directors
on the Unaudited Financial Statements of
Abode Living Limited


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 and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements of Abode Living Limited for the year ended 31 March 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 me.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), I are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Abode Living Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Abode Living Limited and state those matters that I have agreed to state to the Board of Directors of Abode Living Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Abode Living Limited Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Abode Living Limited 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 Abode Living Limited. You consider that Abode Living Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Abode Living Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Will Taylor Limited
4th Floor
International House
Queens Road
Brighton
East Sussex
BN1 3XE


Date: .............................................

Abode Living Limited (Registered number: 06137219)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 96,416 96,416
Tangible assets 5 1,630 2,173
98,046 98,589

CURRENT ASSETS
Stocks 26,500 26,500
Cash at bank and in hand 607 585
27,107 27,085
CREDITORS
Amounts falling due within one year 6 115,706 123,243
NET CURRENT LIABILITIES (88,599 ) (96,158 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,447

2,431

CREDITORS
Amounts falling due after more than one
year

7

-

(1,876

)

PROVISIONS FOR LIABILITIES (326 ) (435 )
NET ASSETS 9,121 120

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9,119 118
SHAREHOLDERS' FUNDS 9,121 120

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

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

Abode Living Limited (Registered number: 06137219)

Balance Sheet - continued
31 March 2017


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.

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 13 December 2017 and were signed on its behalf
by:





L Everett - Director


Abode Living Limited (Registered number: 06137219)

Notes to the Financial Statements
for the year ended 31 March 2017


1. STATUTORY INFORMATION

Abode Living 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill is not amortised but instead is assessed annually for impairment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% reducing balance
Computer equipment - 25% reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

Abode Living Limited (Registered number: 06137219)

Notes to the Financial Statements - continued
for the year ended 31 March 2017


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 96,416
NET BOOK VALUE
At 31 March 2017 96,416
At 31 March 2016 96,416

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2016
and 31 March 2017 12,057 571 12,628
DEPRECIATION
At 1 April 2016 10,009 446 10,455
Charge for year 512 31 543
At 31 March 2017 10,521 477 10,998
NET BOOK VALUE
At 31 March 2017 1,536 94 1,630
At 31 March 2016 2,048 125 2,173

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Bank loans and overdrafts 10,299 13,629
Trade creditors 11,419 8,395
Taxation and social security 10,124 13,097
Other creditors 83,864 88,122
115,706 123,243

Abode Living Limited (Registered number: 06137219)

Notes to the Financial Statements - continued
for the year ended 31 March 2017


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.17 31.3.16
£    £   
Bank loans - 1,876

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.17 31.3.16
£    £   
Bank overdrafts 10,239 13,410
Bank loans 60 2,095
10,299 15,505

The above loans and overdraft's are secured by fixed and floating charge over the assets of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2017 and
31 March 2016:

31.3.17 31.3.16
£    £   
P Brereton
Balance outstanding at start of year (41,884 ) (46,398 )
Amounts advanced 1,757 17,212
Amounts repaid (1,040 ) (12,698 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (41,167 ) (41,884 )

L Everett
Balance outstanding at start of year (41,884 ) (36,398 )
Amounts advanced 1,278 6,769
Amounts repaid (561 ) (12,255 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (41,167 ) (41,884 )

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 were paid to the directors .