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REGISTERED NUMBER: 06354750 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 December 2017

for

A B Plus Engineering Limited

A B Plus Engineering Limited (Registered number: 06354750)






Contents of the Financial Statements
for the Year Ended 31 December 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A B Plus Engineering Limited

Company Information
for the Year Ended 31 December 2017







DIRECTOR: A M Walters





SECRETARY: Mrs P I Walters





REGISTERED OFFICE: Unit A1
Cemetery Road
Dawley Bank
Telford
Shropshire
TF4 2BA





REGISTERED NUMBER: 06354750 (England and Wales)





ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF

A B Plus Engineering Limited (Registered number: 06354750)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,737 67,092

CURRENT ASSETS
Stocks 15,000 15,966
Debtors 5 21,657 41,867
Cash at bank - 12,237
36,657 70,070
CREDITORS
Amounts falling due within one year 6 79,102 99,964
NET CURRENT LIABILITIES (42,445 ) (29,894 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,292

37,198

CREDITORS
Amounts falling due after more than one
year

7

(12,683

)

(25,194

)

PROVISIONS FOR LIABILITIES (10,597 ) (11,995 )
NET (LIABILITIES)/ASSETS (2,988 ) 9

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (2,990 ) 7
SHAREHOLDERS' FUNDS (2,988 ) 9

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A B Plus Engineering Limited (Registered number: 06354750)

Balance Sheet - continued
31 December 2017


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 29 June 2018 and were signed by:





A M Walters - Director


A B Plus Engineering Limited (Registered number: 06354750)

Notes to the Financial Statements
for the Year Ended 31 December 2017

1. STATUTORY INFORMATION

A B Plus Engineering 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Furniture & fixtures - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 50% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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 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.

A B Plus Engineering Limited (Registered number: 06354750)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

2. ACCOUNTING POLICIES - continued

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 profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

Going concern
As at 31st December 2017, the company has net current liabilities of £42,445 (2016 £29,894) and net liabilities
of £2,988. The director has confirmed in writing that he will continue to provide financial support to the
company for the foreseeable future to enable it to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Furniture
property machinery & fixtures
£    £    £   
COST
At 1 January 2017 6,271 103,721 541
Additions - 7,972 -
At 31 December 2017 6,271 111,693 541
DEPRECIATION
At 1 January 2017 - 43,635 187
Charge for year - 13,162 26
Eliminated on disposal - - -
At 31 December 2017 - 56,797 213
NET BOOK VALUE
At 31 December 2017 6,271 54,896 328
At 31 December 2016 6,271 60,086 354

A B Plus Engineering Limited (Registered number: 06354750)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

4. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 January 2017 2,000 978 113,511
Additions 1,200 379 9,551
Disposals (2,000 ) - (2,000 )
At 31 December 2017 1,200 1,357 121,062
DEPRECIATION
At 1 January 2017 1,644 953 46,419
Charge for year 175 187 13,550
Eliminated on disposal (1,644 ) - (1,644 )
At 31 December 2017 175 1,140 58,325
NET BOOK VALUE
At 31 December 2017 1,025 217 62,737
At 31 December 2016 356 25 67,092

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 January 2017
and 31 December 2017 72,553
DEPRECIATION
At 1 January 2017 25,017
Charge for year 9,508
At 31 December 2017 34,525
NET BOOK VALUE
At 31 December 2017 38,028
At 31 December 2016 47,536

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade debtors 21,276 40,566
Prepayments 381 1,301
21,657 41,867

A B Plus Engineering Limited (Registered number: 06354750)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Bank loans and overdrafts 6,870 -
Hire purchase contracts 12,511 12,511
Trade creditors 7,646 20,961
Tax - 1,504
Social security and other taxes 1,155 590
VAT 4,679 10,997
Other creditors - 19
Directors' current accounts 43,795 51,848
Accrued expenses 2,446 1,534
79,102 99,964

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.17 31.12.16
£    £   
Hire purchase contracts 12,683 25,194

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.17 31.12.16
value: £    £   
2 Ordinary £1 2 2