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Company Registration No. 05911770 (England and Wales)
Abdona Limited Unaudited accounts for the year ended 31 March 2017
Abdona Limited Statement of financial position as at 31 March 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,960 
11,920 
Current assets
Debtors
12,960 
3,013 
Cash at bank and in hand
240,546 
202,898 
253,506 
205,911 
Creditors: amounts falling due within one year
(23,324)
(25,315)
Net current assets
230,182 
180,596 
Net assets
236,142 
192,516 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
236,141 
192,515 
Shareholders' funds
236,142 
192,516 
For the year ending 31 March 2017 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 director acknowledges his 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 12 December 2017.
Nicholas David Haunton Director Company Registration No. 05911770
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Abdona Limited Notes to the Accounts for the year ended 31 March 2017
1
Statutory information
Abdona Limited is a private company, limited by shares, registered in England and Wales, registration number 05911770. The registered office is 6 Sunnyside Gardens, Upminster, Essex, RM14 3DS.
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
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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 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:
Plant & machinery
20% straight line
Motor vehicles
25% straight line
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Abdona Limited Notes to the Accounts for the year ended 31 March 2017
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2016
23,840 
At 31 March 2017
23,840 
Depreciation
At 1 April 2016
11,920 
Charge for the year
5,960 
At 31 March 2017
17,880 
Net book value
At 31 March 2017
5,960 
At 31 March 2016
11,920 
5
Debtors
2017 
2016 
£ 
£ 
Trade debtors
2,700 
- 
Accrued income and prepayments
260 
- 
Other debtors
10,000 
3,013 
12,960 
3,013 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Taxes and social security
23,324 
25,315 
7
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Nicholas David Haunton
Short Term Loan
- 
10,000 
- 
10,000 
- 
10,000 
- 
10,000 
Short term loan is non interest bearing and is repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2016: 1).
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