REGISTERED NUMBER: 04467769

Abbreviated Unaudited Accounts for the Year Ended 31st May 2016

for

Abus Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Peters

REGISTERED OFFICE:

104 Winchester Road

Brislington

Bristol

Avon

BS4 3NL

REGISTERED NUMBER:

04467769

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

382,049

425,984

382,049

425,984

CURRENT ASSETS

Debtors

96,935

106,047

Cash in hand

-

52,387

96,935

158,434

CREDITORS

Amounts falling due within one year

128,286

122,167

NET CURRENT (LIABILITIES)/ASSETS

(31,351

)

36,267

TOTAL ASSETS LESS CURRENT LIABILITIES

350,698

462,251

CREDITORS

Amounts falling due after more than one year

190,625

314,280

NET ASSETS

160,073

147,971

CAPITAL AND RESERVES

Called up share capital

4

115

115

Profit and loss account

159,958

147,856

SHAREHOLDERS' FUNDS

160,073

147,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 28th February 2017 and were signed by:

A Peters - 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 goods, excluding value added tax.

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

-

20% on reducing balance and 10% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

20,000

AMORTISATION

At 1st June 2015

and 31st May 2016

20,000

NET BOOK VALUE

At 31st May 2016

-

At 31st May 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

753,142

Additions

56,000

Disposals

(31,188

)

At 31st May 2016

777,954

DEPRECIATION

At 1st June 2015

327,158

Charge for year

76,991

Eliminated on disposal

(8,244

)

At 31st May 2016

395,905

NET BOOK VALUE

At 31st May 2016

382,049

At 31st May 2015

425,984

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

100

Ordinary A

1

100

100

15

Ordinary B Shares

1

15

15

115

115