REGISTERED NUMBER: 01632888 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

ABBEYBADGE LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

G L Greenwood

W S Greenwood

SECRETARY:

W S Greenwood

REGISTERED OFFICE:

36 Greenway

Campton

Shefford

Bedfordshire

SG17 5BN

REGISTERED NUMBER:

01632888 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde & Partners

Chartered Certified Accountants

Argent House

5 Goldington Road

Bedford

MK40 3JY

FIXED ASSETS

14,709

17,715

CURRENT ASSETS

15,776

553,612

PREPAYMENTS AND ACCRUED INCOME

291

272

CREDITORS

Amounts falling due within one year

(186,819

)

(723,967

)

NET CURRENT LIABILITIES

(170,752

)

(170,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(156,043

)

(152,368

)

ACCRUALS AND DEFERRED INCOME

4,309

4,681

NET LIABILITIES

(160,352

)

(157,049

)

CAPITAL AND RESERVES

(160,352

)

(157,049

)

NOTES TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 28th February 2017 the company carried out building services for W S Greenwood and

his wife and income was recognised to reflect the appropriate stage of completion of the contract amounting to

£2,601 (2016: £1,193). During the year ended 28th February 2017 the company invoiced W S Greenwood and

his wife in relation to building services carried out by the company during the year ended 28th February 2015 of

£30,387 and £1,193 for the year ended 28th February 2016. W S Greenwood and his wife paid £4,500 on

account during the year ended 28th February 2016 and the balance of £27,080 was repaid on 1st March 2016.

As at 28th February 2017, the outstanding amount included in debtors as 'amounts recoverable on contract' was

£2,601 (2016: £27,080).

2.	SECURED DEBTS

Dealings with Barclays Bank PLC are secured by the following:

On 25th September 2008 a cross guarantee and debenture with F L Greenwood Limited and GTWL Properties

Limited was created by way of a legal mortgage, fixed and floating charge over the company's assets.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 micro-entity provisions and delivered 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 30 November 2017 and were signed on its behalf by:

W S Greenwood - Director