Company Registration No. 03083876 (England and Wales)
ABAS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
ABAS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABAS LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
Current assets
Debtors
499,998
499,998
Creditors: amounts falling due within one year
(1,472)
(1,472)
Total assets less current liabilities
498,526
498,526
Capital and reserves
Called up share capital
2
500,000
500,000
Profit and loss account
(1,474)
(1,474)
Shareholders' funds
498,526
498,526
Audit exemption statement
For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 27 March 2017
S A Burnett Alleyne
Director
Company Registration No. 03083876
ABAS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
500,000 ordinary shares of £1 each
500,000
500,000