REGISTERED NUMBER: 05032108 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 July 2016

for

Abacus Consult Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Abel

S Boswarva

SECRETARY:

S Boswarva

REGISTERED OFFICE:

Abacus House

Unit 4, Paramount Business Park,

Wilson Road, Tarbock

Liverpool

Merseyside

L36 6AW

REGISTERED NUMBER:

05032108 (England and Wales)

ACCOUNTANTS:

Alexander Myerson & Co Limited

Alexander House

61 Rodney Street

Liverpool

Merseyside

L1 9ER

FIXED ASSETS

Tangible assets

2

16,253

20,153

CURRENT ASSETS

Stocks

10,750

4,163

Debtors

177,933

122,384

Cash at bank

83,530

69,830

272,213

196,377

CREDITORS

Amounts falling due within one year

130,418

96,307

NET CURRENT ASSETS

141,795

100,070

TOTAL ASSETS LESS CURRENT LIABILITIES

158,048

120,223

CREDITORS

Amounts falling due after more than one year

-

1,061

NET ASSETS

158,048

119,162

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

157,948

119,062

SHAREHOLDERS' FUNDS

158,048

119,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 July 2016 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 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 Board of Directors on 28 April 2017 and were signed on its behalf by:

P Abel - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 29 July 2015

83,636

Additions

5,511

At 28 July 2016

89,147

DEPRECIATION

At 29 July 2015

63,483

Charge for year

9,411

At 28 July 2016

72,894

NET BOOK VALUE

At 28 July 2016

16,253

At 28 July 2015

20,153

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.7.16

28.7.15

value:

£

£

100

Ordinary

£1

100

100