Registered number
06812532
Abacus Consumer Consultants Limited
Unaudited Abbreviated Accounts
29 February 2016
Abacus Consumer Consultants Limited
Registered number: 06812532
Abbreviated Balance Sheet
as at 29 February 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,612 3,190
Current assets
Debtors 7,058 51,796
Cash at bank and in hand 1,011 1,011
8,069 52,807
Creditors: amounts falling due within one year (5,675) (16,722)
Net current assets 2,394 36,085
Total assets less current liabilities 5,006 39,275
Creditors: amounts falling due after more than one year (112,378) (134,218)
Net liabilities (107,372) (94,943)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (107,472) (95,043)
Shareholders' funds (107,372) (94,943)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
S Tasneem
Director
Approved by the board on 28 November 2016
Abacus Consumer Consultants Limited
Notes to the Abbreviated Accounts
for the year ended 29 February 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 15% reducing balance
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Tangible fixed assets £
Cost
At 1 March 2015 5,769
At 29 February 2016 5,769
Depreciation
At 1 March 2015 2,580
Charge for the year 577
At 29 February 2016 3,157
Net book value
At 29 February 2016 2,612
At 28 February 2015 3,189
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
Abacus Consumer Consultants Limited 06812532 false true 2015-03-01 2016-02-29 2016-02-29 S Tasneem 06812532 uk-bus:OrdinaryShareClass1 2015-02-28 06812532 2015-03-01 2016-02-29 06812532 uk-bus:Director40 2015-03-01 2016-02-29 06812532 uk-gaap:PlantMachinery 2015-03-01 2016-02-29 06812532 uk-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 06812532 2016-02-29 06812532 uk-bus:OrdinaryShareClass1 2016-02-29 06812532 2015-02-28 iso4217:GBP xbrli:shares