REGISTERED NUMBER: SC257242 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

ABR & S PROPERTIES LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A B Ritchie

SECRETARY:

Mrs L Strachan

REGISTERED OFFICE:

14 Charleston

St Combs

Fraserburgh

AB43 8YT

REGISTERED NUMBER:

SC257242 (Scotland)

FIXED ASSETS

Tangible assets

2

60,730

62,375

CURRENT ASSETS

Debtors

41,175

38,244

Cash at bank

1,519

5,661

42,694

43,905

CREDITORS

Amounts falling due within one year

101,439

97,460

NET CURRENT LIABILITIES

(58,745

)

(53,555

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,985

8,820

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,983

8,818

SHAREHOLDERS' FUNDS

1,985

8,820

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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.

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

The financial statements were approved by the director on 26 July 2017 and were signed by:

A B Ritchie - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result which is result in an obligation to pay more or (less tax) tax at a future date, at the

average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and

laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there

is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

82,094

DEPRECIATION

At 1 November 2015

19,719

Charge for year

1,645

At 31 October 2016

21,364

NET BOOK VALUE

At 31 October 2016

60,730

At 31 October 2015

62,375

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2