REGISTERED NUMBER: 05361262 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2017

for

Abbott's Office Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs D Abbott

SECRETARY:

R F Abbott

REGISTERED OFFICE:

41 High Street

Flitwick

Bedfordshire

MK45 1DX

REGISTERED NUMBER:

05361262 (England and Wales)

ACCOUNTANTS:

Virgo Associates

Chartered Certified Accountants

287 London Road

Bedford

MK42 0PX

FIXED ASSETS

Tangible assets

4

5,025

5,805

CURRENT ASSETS

Debtors

5

3,179

4,088

Cash at bank

1,761

2,237

4,940

6,325

CREDITORS

Amounts falling due within one year

6

9,772

11,821

NET CURRENT LIABILITIES

(4,832

)

(5,496

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193

309

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

93

209

SHAREHOLDERS' FUNDS

193

309

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 director acknowledges her 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20 June 2017 and were signed by:

Mrs D Abbott - Director

1.	STATUTORY INFORMATION

Abbott's Office Services Limited is a private company, limited by shares , registered in

England and Wales. 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2016

7,269

11,671

18,940

Additions

928

361

1,289

Disposals

(1,380

)

-

(1,380

)

At 28 February 2017

6,817

12,032

18,849

DEPRECIATION

At 1 March 2016

4,967

8,168

13,135

Charge for year

709

966

1,675

Eliminated on disposal

(986

)

-

(986

)

At 28 February 2017

4,690

9,134

13,824

NET BOOK VALUE

At 28 February 2017

2,127

2,898

5,025

At 29 February 2016

2,302

3,503

5,805

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Trade debtors

2,234

3,113

Other debtors

945

975

3,179

4,088

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Trade creditors

946

1,176

Taxation and social security

4,892

4,665

Other creditors

3,934

5,980

9,772

11,821

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £19,265 were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs D Abbott.