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REGISTERED NUMBER: 06858658 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABODE (WOODFORD) LTD

ABODE (WOODFORD) LTD (REGISTERED NUMBER: 06858658)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABODE (WOODFORD) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: L D S Devey





REGISTERED OFFICE: Jackson House
Station Road
Chingford
London
E4 7BU





BUSINESS ADDRESS: 380-382 High Road
Woodford Green
Essex
IG8 0XQ





REGISTERED NUMBER: 06858658 (England and Wales)





ACCOUNTANTS: Barrow LLP
Chartered Accountants
Jackson House
Station Road
Chingford
London
E4 7BU

ABODE (WOODFORD) LTD (REGISTERED NUMBER: 06858658)

BALANCE SHEET
31 MARCH 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 18,282 27,186

CURRENT ASSETS
Debtors 6 42,687 31,464
Cash at bank and in hand 9,655 35,159
52,342 66,623
CREDITORS
Amounts falling due within one year 7 56,135 72,556
NET CURRENT LIABILITIES (3,793 ) (5,933 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,489 21,253

PROVISIONS FOR LIABILITIES 3,053 4,701
NET ASSETS 11,436 16,552

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,336 16,452
SHAREHOLDERS' FUNDS 11,436 16,552

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director on 22 December 2017 and were signed by:





L D S Devey - Director


ABODE (WOODFORD) LTD (REGISTERED NUMBER: 06858658)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

Abode (Woodford) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced fees receivable, excluding value added tax. Turnover is recognised at the point the company is
contractually entitled to fees.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the
instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a
financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal
business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present
value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are
measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If
there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a
carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not
previously been recognised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


ABODE (WOODFORD) LTD (REGISTERED NUMBER: 06858658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016 53,563
Disposals (20,460 )
At 31 March 2017 33,103
DEPRECIATION
At 1 April 2016 26,377
Charge for year 5,755
Eliminated on disposal (17,311 )
At 31 March 2017 14,821
NET BOOK VALUE
At 31 March 2017 18,282
At 31 March 2016 27,186

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 26,729 -
Other debtors 15,958 31,464
42,687 31,464

ABODE (WOODFORD) LTD (REGISTERED NUMBER: 06858658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 3,648 9,377
Taxation and social security 39,023 45,351
Other creditors 13,464 17,828
56,135 72,556

8. RELATED PARTY DISCLOSURES

During the year the company incurred commission charges of £30,000 (2016 - £nil) from Spaceagent.UK Online Limited. The
company also made interest free loans of £14,500 (2016 - £25,783) to Spaceagent.UK Online Limited. At the year end, the
company was owed £10,283 (2016 - £25,783).

9. FIRST YEAR ADOPTION

The transition to FRS 102 has been implemented by the company in respect of the prior financial periods with no significant
impact on the comparative financial statement's results. Therefore no changes have been recognised in the comparative
information of these financial statements as a result of the transition to FRS 102.