REGISTERED NUMBER: 03511877

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABC SOLUTIONS (UK) LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

S Beacham

A Carter

SECRETARY:

S Beacham

REGISTERED OFFICE:

Centech House, 11 Centech Park,

Fringe Meadow Road,

North Moons Moat

Redditch

Worcestershire

B98 9NR

REGISTERED NUMBER:

03511877

ACCOUNTANTS:

Sumner & Co

Accountants

8 Millers Close

Welford on Avon

Stratford-upon-Avon

Warwickshire

CV37 8QG

The directors present their report with the financial statements of the company for the year ended 31 March 2017.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2016 to the date of this report.

S Beacham

A Carter

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

A Carter - Director

31 August 2017

TURNOVER

900,890

585,624

Cost of sales

752,027

421,142

GROSS PROFIT

148,863

164,482

Distribution costs

33,705

31,897

Administrative expenses

68,775

67,438

102,480

99,335

OPERATING PROFIT

4

46,383

65,147

Interest receivable and similar income

194

184

PROFIT BEFORE TAXATION

46,577

65,331

Tax on profit

9,291

13,038

PROFIT FOR THE FINANCIAL YEAR

37,286

52,293

FIXED ASSETS

Tangible assets

5

241

322

CURRENT ASSETS

Debtors

6

101,862

83,831

Cash at bank

88,221

68,368

190,083

152,199

CREDITORS

Amounts falling due within one year

7

165,674

149,995

NET CURRENT ASSETS

24,409

2,204

TOTAL ASSETS LESS CURRENT LIABILITIES

24,650

2,526

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

24,050

1,926

SHAREHOLDERS' FUNDS

24,650

2,526

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.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 August 2017 and were signed on its behalf by:

A Carter - Director

1.	STATUTORY INFORMATION

Abc Solutions (Uk) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery etc

-

100% on cost and 20% 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2017

2016

£

£

Depreciation - owned assets

81

107

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

16,065

DEPRECIATION

At 1 April 2016

15,743

Charge for year

81

At 31 March 2017

15,824

NET BOOK VALUE

At 31 March 2017

241

At 31 March 2016

322

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

101,862

83,831

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

122,857

73,015

Taxation and social security

12,158

12,999

Other creditors

30,659

63,981

165,674

149,995