1 April 2017 false No description of principal activity Taxfiler 2018.1.Web 05447729business:PrivateLimitedCompanyLtd2017-04-012018-03-31 054477292017-03-31 054477292017-04-012018-03-31 05447729business:AuditExempt-NoAccountantsReport2017-04-012018-03-31 05447729business:FullAccounts2017-04-012018-03-31 054477292018-03-31 05447729business:Director12017-04-012018-03-31 05447729business:Director22017-04-012018-03-31 05447729business:RegisteredOffice2017-04-012018-03-31 054477292017-03-31 05447729core:WithinOneYear2018-03-31 05447729core:WithinOneYear2017-03-31 05447729core:ShareCapital2018-03-31 05447729core:ShareCapital2017-03-31 05447729core:RetainedEarningsAccumulatedLosses2018-03-31 05447729core:RetainedEarningsAccumulatedLosses2017-03-31 05447729business:SmallEntities2017-04-012018-03-31 05447729countries:EnglandWales2017-04-012018-03-31 05447729core:FurnitureFittings2017-04-012018-03-31 05447729core:FurnitureFittings2017-03-31 05447729core:FurnitureFittings2018-03-31 054477292016-04-012017-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05447729 (England and Wales)
Abacus accounting (N.E.) Limited Unaudited accounts for the year ended 31 March 2018
Abacus accounting (N.E.) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Abacus accounting (N.E.) Limited Company Information for the year ended 31 March 2018
Directors
D C Smallbone S Jackson
Company Number
05447729 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn NE31 2EQ United Kingdom
Accountants
Abacus Accounting (N.E.) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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Abacus accounting (N.E.) Limited Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
671 
1,007 
Current assets
Debtors
5
15,686 
20,312 
Cash at bank and in hand
7,987 
18,930 
23,673 
39,242 
Creditors: amounts falling due within one year
6
(13,964)
(10,618)
Net current assets
9,709 
28,624 
Total assets less current liabilities
10,380 
29,631 
Provisions for liabilities
Deferred tax
(127)
(201)
Net assets
10,253 
29,430 
Capital and reserves
Called up share capital
8 
8 
Profit and loss account
10,245 
29,422 
Shareholders' funds
10,253 
29,430 
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 April 2018.
D C Smallbone Director Company Registration No. 05447729
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Abacus accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
Abacus accounting (N.E.) Limited is a private company, limited by shares, registered in England and Wales, registration number 05447729. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, NE31 2EQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2017
2,338 
At 31 March 2018
2,338 
Depreciation
At 1 April 2017
1,331 
Charge for the year
336 
At 31 March 2018
1,667 
Net book value
At 31 March 2018
671 
At 31 March 2017
1,007 
5
Debtors
2018 
2017 
£ 
£ 
Trade debtors
15,686 
20,312 
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Abacus accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Trade creditors
250 
250 
Taxes and social security
8,687 
10,097 
Loans from directors
5,027 
271 
13,964 
10,618 
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).
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