Acorah Software Products - Accounts Production 6.9.025 false 1 June 2017 31 May 2018 31 May 2018 04807591 Mr Philip Peake Miss M Mattar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04807591 2017-05-31 04807591 2018-05-31 04807591 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 2018-05-31 04807591 frs-core:AfterOneYear 2017-06-01 2018-05-31 04807591 frs-core:BetweenOneFiveYears 2017-06-01 2018-05-31 04807591 frs-core:BetweenOneFiveYears 2018-05-31 04807591 frs-core:ComputerEquipment 2018-05-31 04807591 frs-core:ComputerEquipment 2017-06-01 2018-05-31 04807591 frs-core:ComputerEquipment 2017-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2018-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-06-01 2018-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2018-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-06-01 2018-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-05-31 04807591 frs-core:FurnitureFittings 2018-05-31 04807591 frs-core:FurnitureFittings 2017-06-01 2018-05-31 04807591 frs-core:FurnitureFittings 2017-05-31 04807591 frs-core:NetGoodwill 2018-05-31 04807591 frs-core:NetGoodwill 2017-06-01 2018-05-31 04807591 frs-core:NetGoodwill 2017-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2018-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2017-06-01 2018-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2017-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2018-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2017-06-01 2018-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2017-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2018-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2017-06-01 2018-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2017-05-31 04807591 frs-core:MoreThanFiveYears 2017-06-01 2018-05-31 04807591 frs-core:MoreThanFiveYears 2018-05-31 04807591 frs-core:MotorVehicles 2018-05-31 04807591 frs-core:MotorVehicles 2017-06-01 2018-05-31 04807591 frs-core:MotorVehicles 2017-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2018-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2017-06-01 2018-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2017-05-31 04807591 frs-core:PlantMachinery 2018-05-31 04807591 frs-core:PlantMachinery 2017-06-01 2018-05-31 04807591 frs-core:PlantMachinery 2017-05-31 04807591 frs-core:Secured 2018-05-31 04807591 frs-core:Unsecured 2018-05-31 04807591 frs-core:WithinOneYear 2017-06-01 2018-05-31 04807591 frs-core:WithinOneYear 2018-05-31 04807591 frs-core:CapitalRedemptionReserve 2017-06-01 2018-05-31 04807591 frs-core:CapitalRedemptionReserve 2017-05-31 04807591 frs-core:CapitalRedemptionReserve 2018-05-31 04807591 frs-core:OtherReservesSubtotal 2017-06-01 2018-05-31 04807591 frs-core:OtherReservesSubtotal 2017-05-31 04807591 frs-core:OtherReservesSubtotal 2018-05-31 04807591 frs-core:RevaluationReserve 2017-06-01 2018-05-31 04807591 frs-core:RevaluationReserve 2017-05-31 04807591 frs-core:RevaluationReserve 2018-05-31 04807591 frs-core:SharePremium 2017-06-01 2018-05-31 04807591 frs-core:SharePremium 2017-05-31 04807591 frs-core:SharePremium 2018-05-31 04807591 frs-core:ShareCapital 2017-06-01 2018-05-31 04807591 frs-core:ShareCapital 2017-05-31 04807591 frs-core:ShareCapital 2018-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2017-06-01 2018-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2017-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2018-05-31 04807591 frs-countries:Asia 2017-06-01 2018-05-31 04807591 frs-countries:RestEuropeOutsideUK 2017-06-01 2018-05-31 04807591 frs-countries:NorthAmerica 2017-06-01 2018-05-31 04807591 frs-countries:RestWorldOutsideUK 2017-06-01 2018-05-31 04807591 frs-countries:SouthAmerica 2017-06-01 2018-05-31 04807591 frs-countries:UnitedKingdom 2017-06-01 2018-05-31 04807591 frs-bus:HighestPaidDirector 2017-06-01 2018-05-31 04807591 frs-bus:PrivateLimitedCompanyLtd 2017-06-01 2018-05-31 04807591 frs-bus:CompanyLimitedByGuarantee 2017-06-01 2018-05-31 04807591 frs-bus:LimitedLiabilityPartnershipLLP 2017-06-01 2018-05-31 04807591 frs-bus:LimitedLiabilityPartnershipsSORP 2017-06-01 2018-05-31 04807591 frs-bus:FullAccounts 2017-06-01 2018-05-31 04807591 frs-bus:AbbreviatedAccounts 2017-06-01 2018-05-31 04807591 frs-bus:AbridgedAccounts 2017-06-01 2018-05-31 04807591 frs-bus:FRS102 2017-06-01 2018-05-31 04807591 frs-bus:EntityHasNeverTraded 2017-06-01 2018-05-31 04807591 frs-bus:EntityNoLongerTradingButTradedInPast 2017-06-01 2018-05-31 04807591 frs-bus:Audited 2017-06-01 2018-05-31 04807591 frs-bus:AuditExempt-NoAccountantsReport 2017-06-01 2018-05-31 04807591 frs-bus:AuditExemptWithAccountantsReport 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass1 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass1 2017-05-31 04807591 frs-bus:OrdinaryShareClass1 2018-05-31 04807591 frs-bus:OrdinaryShareClass2 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass2 2017-05-31 04807591 frs-bus:OrdinaryShareClass2 2018-05-31 04807591 frs-bus:OrdinaryShareClass3 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass3 2017-05-31 04807591 frs-bus:OrdinaryShareClass3 2018-05-31 04807591 frs-bus:OrdinaryShareClass4 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass4 2017-05-31 04807591 frs-bus:OrdinaryShareClass4 2018-05-31 04807591 frs-bus:OrdinaryShareClass5 2017-06-01 2018-05-31 04807591 frs-bus:OrdinaryShareClass5 2017-05-31 04807591 frs-bus:OrdinaryShareClass5 2018-05-31 04807591 frs-bus:PreferenceShareClass1 2017-06-01 2018-05-31 04807591 frs-bus:PreferenceShareClass1 2017-05-31 04807591 frs-bus:PreferenceShareClass1 2018-05-31 04807591 frs-bus:PreferenceShareClass2 2017-06-01 2018-05-31 04807591 frs-bus:PreferenceShareClass2 2017-05-31 04807591 frs-bus:PreferenceShareClass2 2018-05-31 04807591 frs-bus:PreferenceShareClass3 2017-06-01 2018-05-31 04807591 frs-bus:PreferenceShareClass3 2017-05-31 04807591 frs-bus:PreferenceShareClass3 2018-05-31 04807591 frs-bus:PreferenceShareClass4 2017-06-01 2018-05-31 04807591 frs-bus:PreferenceShareClass4 2017-05-31 04807591 frs-bus:PreferenceShareClass4 2018-05-31 04807591 frs-bus:PreferenceShareClass5 2017-06-01 2018-05-31 04807591 frs-bus:PreferenceShareClass5 2017-05-31 04807591 frs-bus:PreferenceShareClass5 2018-05-31 04807591 1 2017-06-01 2018-05-31 04807591 frs-core:LeasedAssets 2017-06-01 2018-05-31 04807591 frs-core:OwnedAssets 2017-06-01 2018-05-31 04807591 frs-core:CurrencyRisk 2017-06-01 2018-05-31 04807591 frs-core:MarketRisk 2017-06-01 2018-05-31 04807591 frs-core:InterestRateRisk 2017-06-01 2018-05-31 04807591 frs-core:DeferredTaxation 2017-06-01 2018-05-31 04807591 frs-core:DeferredTaxation 2017-05-31 04807591 frs-core:DeferredTaxation 2018-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2017-06-01 2018-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2017-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2018-05-31 04807591 frs-core:ProvisionsDeferredTax 2018-05-31 04807591 frs-core:OtherDeferredTax 2018-05-31 04807591 frs-core:AcceleratedTaxDepreciationDeferredTax 2018-05-31 04807591 frs-core:TaxLossesCarry-forwardsDeferredTax 2018-05-31 04807591 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2018-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2017-06-01 2018-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2017-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2018-05-31 04807591 dpl-countries:UnitedKingdom 2017-06-01 2018-05-31 04807591 dpl-countries:Europe 2017-06-01 2018-05-31 04807591 dpl-countries:NorthAmerica 2017-06-01 2018-05-31 04807591 dpl-countries:SouthAmerica 2017-06-01 2018-05-31 04807591 dpl-countries:Asia 2017-06-01 2018-05-31 04807591 dpl-countries:RestWorldOutsideUK 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales 2017-05-31 04807591 dpl-frs:CostSales 2018-05-31 04807591 dpl-frs:DistributionCosts 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses 2017-06-01 2018-05-31 04807591 frs-bus:Director1 2017-06-01 2018-05-31 04807591 frs-bus:Director1 2017-05-31 04807591 frs-bus:Director1 2018-05-31 04807591 frs-bus:CompanySecretary1 2017-06-01 2018-05-31 04807591 1 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 1 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 1 2018-05-31 04807591 2 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 2 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 2 2018-05-31 04807591 3 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 3 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 3 2018-05-31 04807591 4 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 4 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 4 2018-05-31 04807591 5 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 5 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 5 2018-05-31 04807591 6 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 6 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 6 2018-05-31 04807591 7 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 7 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 7 2018-05-31 04807591 8 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 8 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 8 2018-05-31 04807591 9 2017-06-01 2018-05-31 04807591 frs-core:CurrentFinancialInstruments 9 2018-05-31 04807591 frs-core:Non-currentFinancialInstruments 9 2018-05-31 04807591 dpl-frs:Item1 2017-06-01 2018-05-31 04807591 dpl-frs:Item1 2017-05-31 04807591 dpl-frs:Item1 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item1 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2017-06-01 2018-05-31 04807591 dpl-frs:Item2 2017-06-01 2018-05-31 04807591 dpl-frs:Item2 2017-05-31 04807591 dpl-frs:Item2 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item2 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2017-06-01 2018-05-31 04807591 dpl-frs:Item3 2017-06-01 2018-05-31 04807591 dpl-frs:Item3 2017-05-31 04807591 dpl-frs:Item3 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item3 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2017-06-01 2018-05-31 04807591 dpl-frs:Item4 2017-06-01 2018-05-31 04807591 dpl-frs:Item4 2017-05-31 04807591 dpl-frs:Item4 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item4 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2017-06-01 2018-05-31 04807591 dpl-frs:Item5 2017-06-01 2018-05-31 04807591 dpl-frs:Item5 2017-05-31 04807591 dpl-frs:Item5 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item5 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2017-06-01 2018-05-31 04807591 dpl-frs:Item6 2017-06-01 2018-05-31 04807591 dpl-frs:Item6 2017-05-31 04807591 dpl-frs:Item6 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item6 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2017-06-01 2018-05-31 04807591 dpl-frs:Item7 2017-06-01 2018-05-31 04807591 dpl-frs:Item7 2017-05-31 04807591 dpl-frs:Item7 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item7 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2017-06-01 2018-05-31 04807591 dpl-frs:Item8 2017-06-01 2018-05-31 04807591 dpl-frs:Item8 2017-05-31 04807591 dpl-frs:Item8 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item8 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2017-06-01 2018-05-31 04807591 dpl-frs:Item9 2017-06-01 2018-05-31 04807591 dpl-frs:Item9 2017-05-31 04807591 dpl-frs:Item9 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item9 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2017-06-01 2018-05-31 04807591 dpl-frs:Item10 2017-06-01 2018-05-31 04807591 dpl-frs:Item10 2017-05-31 04807591 dpl-frs:Item10 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item10 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2017-06-01 2018-05-31 04807591 dpl-frs:Item11 2017-06-01 2018-05-31 04807591 dpl-frs:Item11 2017-05-31 04807591 dpl-frs:Item11 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item11 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2017-06-01 2018-05-31 04807591 dpl-frs:Item12 2017-06-01 2018-05-31 04807591 dpl-frs:Item12 2017-05-31 04807591 dpl-frs:Item12 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2017-06-01 2018-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2018-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item12 2017-06-01 2018-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2017-06-01 2018-05-31 04807591 1 2017-06-01 2018-05-31 04807591 frs-countries:EnglandWales 2017-06-01 2018-05-31 04807591 2016-05-31 04807591 2017-05-31 04807591 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 2016-06-01 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 2017-05-31 04807591 frs-core:AfterOneYear 2016-06-01 2017-05-31 04807591 frs-core:BetweenOneFiveYears 2016-06-01 2017-05-31 04807591 frs-core:BetweenOneFiveYears 2017-05-31 04807591 frs-core:ComputerEquipment 2017-05-31 04807591 frs-core:ComputerEquipment 2016-06-01 2017-05-31 04807591 frs-core:ComputerEquipment 2016-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2017-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2016-06-01 2017-05-31 04807591 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2016-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2017-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2016-06-01 2017-05-31 04807591 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2016-05-31 04807591 frs-core:FurnitureFittings 2017-05-31 04807591 frs-core:FurnitureFittings 2016-06-01 2017-05-31 04807591 frs-core:FurnitureFittings 2016-05-31 04807591 frs-core:NetGoodwill 2017-05-31 04807591 frs-core:NetGoodwill 2016-06-01 2017-05-31 04807591 frs-core:NetGoodwill 2016-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2017-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2016-06-01 2017-05-31 04807591 frs-core:InvestmentPropertyIncludedWithinPPE 2016-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2017-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2016-06-01 2017-05-31 04807591 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2016-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2017-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2016-06-01 2017-05-31 04807591 frs-core:OwnedOrFreeholdAssets frs-core:LandBuildings 2016-05-31 04807591 frs-core:MoreThanFiveYears 2016-06-01 2017-05-31 04807591 frs-core:MoreThanFiveYears 2017-05-31 04807591 frs-core:MotorVehicles 2017-05-31 04807591 frs-core:MotorVehicles 2016-06-01 2017-05-31 04807591 frs-core:MotorVehicles 2016-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2017-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2016-06-01 2017-05-31 04807591 frs-core:OtherResidualIntangibleAssets 2016-05-31 04807591 frs-core:PlantMachinery 2017-05-31 04807591 frs-core:PlantMachinery 2016-06-01 2017-05-31 04807591 frs-core:PlantMachinery 2016-05-31 04807591 frs-core:Secured 2017-05-31 04807591 frs-core:Unsecured 2017-05-31 04807591 frs-core:WithinOneYear 2016-06-01 2017-05-31 04807591 frs-core:WithinOneYear 2017-05-31 04807591 frs-core:CapitalRedemptionReserve 2016-06-01 2017-05-31 04807591 frs-core:CapitalRedemptionReserve 2016-05-31 04807591 frs-core:CapitalRedemptionReserve 2017-05-31 04807591 frs-core:OtherReservesSubtotal 2016-06-01 2017-05-31 04807591 frs-core:OtherReservesSubtotal 2016-05-31 04807591 frs-core:OtherReservesSubtotal 2017-05-31 04807591 frs-core:RevaluationReserve 2016-06-01 2017-05-31 04807591 frs-core:RevaluationReserve 2016-05-31 04807591 frs-core:RevaluationReserve 2017-05-31 04807591 frs-core:SharePremium 2016-06-01 2017-05-31 04807591 frs-core:SharePremium 2016-05-31 04807591 frs-core:SharePremium 2017-05-31 04807591 frs-core:ShareCapital 2016-06-01 2017-05-31 04807591 frs-core:ShareCapital 2016-05-31 04807591 frs-core:ShareCapital 2017-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2016-06-01 2017-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2016-05-31 04807591 frs-core:RetainedEarningsAccumulatedLosses 2017-05-31 04807591 frs-countries:Asia 2016-06-01 2017-05-31 04807591 frs-countries:RestEuropeOutsideUK 2016-06-01 2017-05-31 04807591 frs-countries:NorthAmerica 2016-06-01 2017-05-31 04807591 frs-countries:RestWorldOutsideUK 2016-06-01 2017-05-31 04807591 frs-countries:SouthAmerica 2016-06-01 2017-05-31 04807591 frs-countries:UnitedKingdom 2016-06-01 2017-05-31 04807591 frs-bus:HighestPaidDirector 2016-06-01 2017-05-31 04807591 frs-bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31 04807591 frs-bus:CompanyLimitedByGuarantee 2016-06-01 2017-05-31 04807591 frs-bus:LimitedLiabilityPartnershipLLP 2016-06-01 2017-05-31 04807591 frs-bus:LimitedLiabilityPartnershipsSORP 2016-06-01 2017-05-31 04807591 frs-bus:FullAccounts 2016-06-01 2017-05-31 04807591 frs-bus:AbbreviatedAccounts 2016-06-01 2017-05-31 04807591 frs-bus:AbridgedAccounts 2016-06-01 2017-05-31 04807591 frs-bus:FRS102 2016-06-01 2017-05-31 04807591 frs-bus:EntityHasNeverTraded 2016-06-01 2017-05-31 04807591 frs-bus:EntityNoLongerTradingButTradedInPast 2016-06-01 2017-05-31 04807591 frs-bus:Audited 2016-06-01 2017-05-31 04807591 frs-bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 04807591 frs-bus:AuditExemptWithAccountantsReport 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass1 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass1 2016-05-31 04807591 frs-bus:OrdinaryShareClass1 2017-05-31 04807591 frs-bus:OrdinaryShareClass2 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass2 2016-05-31 04807591 frs-bus:OrdinaryShareClass2 2017-05-31 04807591 frs-bus:OrdinaryShareClass3 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass3 2016-05-31 04807591 frs-bus:OrdinaryShareClass3 2017-05-31 04807591 frs-bus:OrdinaryShareClass4 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass4 2016-05-31 04807591 frs-bus:OrdinaryShareClass4 2017-05-31 04807591 frs-bus:OrdinaryShareClass5 2016-06-01 2017-05-31 04807591 frs-bus:OrdinaryShareClass5 2016-05-31 04807591 frs-bus:OrdinaryShareClass5 2017-05-31 04807591 frs-bus:PreferenceShareClass1 2016-06-01 2017-05-31 04807591 frs-bus:PreferenceShareClass1 2016-05-31 04807591 frs-bus:PreferenceShareClass1 2017-05-31 04807591 frs-bus:PreferenceShareClass2 2016-06-01 2017-05-31 04807591 frs-bus:PreferenceShareClass2 2016-05-31 04807591 frs-bus:PreferenceShareClass2 2017-05-31 04807591 frs-bus:PreferenceShareClass3 2016-06-01 2017-05-31 04807591 frs-bus:PreferenceShareClass3 2016-05-31 04807591 frs-bus:PreferenceShareClass3 2017-05-31 04807591 frs-bus:PreferenceShareClass4 2016-06-01 2017-05-31 04807591 frs-bus:PreferenceShareClass4 2016-05-31 04807591 frs-bus:PreferenceShareClass4 2017-05-31 04807591 frs-bus:PreferenceShareClass5 2016-06-01 2017-05-31 04807591 frs-bus:PreferenceShareClass5 2016-05-31 04807591 frs-bus:PreferenceShareClass5 2017-05-31 04807591 1 2016-06-01 2017-05-31 04807591 frs-core:LeasedAssets 2016-06-01 2017-05-31 04807591 frs-core:OwnedAssets 2016-06-01 2017-05-31 04807591 frs-core:CurrencyRisk 2016-06-01 2017-05-31 04807591 frs-core:MarketRisk 2016-06-01 2017-05-31 04807591 frs-core:InterestRateRisk 2016-06-01 2017-05-31 04807591 frs-core:DeferredTaxation 2016-06-01 2017-05-31 04807591 frs-core:DeferredTaxation 2016-05-31 04807591 frs-core:DeferredTaxation 2017-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2016-06-01 2017-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2016-05-31 04807591 frs-core:OtherProvisionsContingentLiabilities 2017-05-31 04807591 frs-core:ProvisionsDeferredTax 2017-05-31 04807591 frs-core:OtherDeferredTax 2017-05-31 04807591 frs-core:AcceleratedTaxDepreciationDeferredTax 2017-05-31 04807591 frs-core:TaxLossesCarry-forwardsDeferredTax 2017-05-31 04807591 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2017-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2016-06-01 2017-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2016-05-31 04807591 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2017-05-31 04807591 dpl-countries:UnitedKingdom 2016-06-01 2017-05-31 04807591 dpl-countries:Europe 2016-06-01 2017-05-31 04807591 dpl-countries:NorthAmerica 2016-06-01 2017-05-31 04807591 dpl-countries:SouthAmerica 2016-06-01 2017-05-31 04807591 dpl-countries:Asia 2016-06-01 2017-05-31 04807591 dpl-countries:RestWorldOutsideUK 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales 2016-05-31 04807591 dpl-frs:CostSales 2017-05-31 04807591 dpl-frs:DistributionCosts 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses 2016-06-01 2017-05-31 04807591 frs-bus:Director1 2016-06-01 2017-05-31 04807591 frs-bus:Director1 2016-05-31 04807591 frs-bus:Director1 2017-05-31 04807591 frs-bus:CompanySecretary1 2016-06-01 2017-05-31 04807591 1 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 1 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 1 2017-05-31 04807591 2 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 2 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 2 2017-05-31 04807591 3 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 3 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 3 2017-05-31 04807591 4 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 4 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 4 2017-05-31 04807591 5 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 5 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 5 2017-05-31 04807591 6 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 6 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 6 2017-05-31 04807591 7 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 7 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 7 2017-05-31 04807591 8 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 8 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 8 2017-05-31 04807591 9 2016-06-01 2017-05-31 04807591 frs-core:CurrentFinancialInstruments 9 2017-05-31 04807591 frs-core:Non-currentFinancialInstruments 9 2017-05-31 04807591 dpl-frs:Item1 2016-06-01 2017-05-31 04807591 dpl-frs:Item1 2016-05-31 04807591 dpl-frs:Item1 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item1 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item1 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2016-06-01 2017-05-31 04807591 dpl-frs:Item2 2016-06-01 2017-05-31 04807591 dpl-frs:Item2 2016-05-31 04807591 dpl-frs:Item2 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item2 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item2 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2016-06-01 2017-05-31 04807591 dpl-frs:Item3 2016-06-01 2017-05-31 04807591 dpl-frs:Item3 2016-05-31 04807591 dpl-frs:Item3 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item3 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item3 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2016-06-01 2017-05-31 04807591 dpl-frs:Item4 2016-06-01 2017-05-31 04807591 dpl-frs:Item4 2016-05-31 04807591 dpl-frs:Item4 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item4 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item4 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2016-06-01 2017-05-31 04807591 dpl-frs:Item5 2016-06-01 2017-05-31 04807591 dpl-frs:Item5 2016-05-31 04807591 dpl-frs:Item5 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item5 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item5 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2016-06-01 2017-05-31 04807591 dpl-frs:Item6 2016-06-01 2017-05-31 04807591 dpl-frs:Item6 2016-05-31 04807591 dpl-frs:Item6 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item6 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item6 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2016-06-01 2017-05-31 04807591 dpl-frs:Item7 2016-06-01 2017-05-31 04807591 dpl-frs:Item7 2016-05-31 04807591 dpl-frs:Item7 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item7 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item7 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2016-06-01 2017-05-31 04807591 dpl-frs:Item8 2016-06-01 2017-05-31 04807591 dpl-frs:Item8 2016-05-31 04807591 dpl-frs:Item8 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item8 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item8 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2016-06-01 2017-05-31 04807591 dpl-frs:Item9 2016-06-01 2017-05-31 04807591 dpl-frs:Item9 2016-05-31 04807591 dpl-frs:Item9 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item9 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item9 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2016-06-01 2017-05-31 04807591 dpl-frs:Item10 2016-06-01 2017-05-31 04807591 dpl-frs:Item10 2016-05-31 04807591 dpl-frs:Item10 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item10 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item10 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2016-06-01 2017-05-31 04807591 dpl-frs:Item11 2016-06-01 2017-05-31 04807591 dpl-frs:Item11 2016-05-31 04807591 dpl-frs:Item11 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item11 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item11 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2016-06-01 2017-05-31 04807591 dpl-frs:Item12 2016-06-01 2017-05-31 04807591 dpl-frs:Item12 2016-05-31 04807591 dpl-frs:Item12 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2016-06-01 2017-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2016-05-31 04807591 dpl-frs:CostSales dpl-frs:Item12 2017-05-31 04807591 dpl-frs:DistributionCosts dpl-frs:Item12 2016-06-01 2017-05-31 04807591 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2016-06-01 2017-05-31 04807591 1 2016-06-01 2017-05-31 04807591 frs-countries:EnglandWales 2016-06-01 2017-05-31
Registered number: 04807591
Abtap Limited
Unaudited Financial Statements
For The Year Ended 31 May 2018
Daverns

Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Balance Sheet
Registered number: 04807591
2018 2017
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,456,459 202,588
1,456,459 202,588
CURRENT ASSETS
Stocks 726,487 744,960
Debtors 5 48,198 15,091
Cash at bank and in hand 212,067 199,492
986,752 959,543
Creditors: Amounts Falling Due Within One Year 6 (1,371,397 ) (531,120 )
NET CURRENT ASSETS (LIABILITIES) (384,645 ) 428,423
TOTAL ASSETS LESS CURRENT LIABILITIES 1,071,814 631,011
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,567 ) (8,667 )
NET ASSETS 1,066,247 622,344
CAPITAL AND RESERVES
Called up share capital 7 1 1
Fair Value Reserve 10 33,904 40,904
Profit and Loss Account 1,032,342 581,439
SHAREHOLDERS' FUNDS 1,066,247 622,344
Page 1
For the year ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has 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.
  • The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Philip Peake
2nd November 2018

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% excluding land
Plant & Machinery 25% reducing balance
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
1.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
1.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
1.8. Pensions
The company contributes to a work place pension scheme (NEST) in line with its obligations under auto enrolment. Contibutions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2018 2017
Office and administration 2 2
Warehouse workers 13 13
15 15
3. Intangible Assets
Goodwill
£
Cost
As at 1 June 2017 100,000
As at 31 May 2018 100,000
Amortisation
As at 1 June 2017 100,000
As at 31 May 2018 100,000
Net Book Value
As at 31 May 2018 -
As at 1 June 2017 -
Page 4
4. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 June 2017 192,000 4,514 20,106 27,291 243,911
Additions 1,264,126 - - 2,623 1,266,749
Revaluation (7,000) - - - (7,000 )
As at 31 May 2018 1,449,126 4,514 20,106 29,914 1,503,660
Depreciation
As at 1 June 2017 - 4,306 12,121 24,896 41,323
Provided during the period - 52 3,785 2,041 5,878
As at 31 May 2018 - 4,358 15,906 26,937 47,201
Net Book Value
As at 31 May 2018 1,449,126 156 4,200 2,977 1,456,459
As at 1 June 2017 192,000 208 7,985 2,395 202,588
5. Debtors
2018 2017
£ £
Due within one year
Trade debtors 28,668 7,893
Prepayments and accrued income 18,288 7,198
Other debtors 1,242 -
48,198 15,091
6. Creditors: Amounts Falling Due Within One Year
2018 2017
£ £
Trade creditors 347,490 334,404
Corporation tax 110,521 82,891
Other taxes and social security 17,575 68,161
Other creditors 873,987 10,972
Accruals and deferred income 12,701 10,100
Director's loan account 9,123 24,592
1,371,397 531,120
On 18 January 2018 the company granted a debenture in favour of the company's bankers.

Page 5
7. Share Capital
2018 2017
Allotted, Called up and fully paid 1 1
Value Number 2018 2017
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 1 1 1
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2018 2017
£ £
Mr Philip Peake 20,000 370,000
9. Dividends
2018 2017
£ £
On equity shares:
Interim dividend paid 20,000 370,000
20,000 370,000
10. Reserves
Fair Value Reserve
£
As at 1 June 2017 40,904
Transfer to profit and loss (7,000 )
As at 31 May 2018 33,904
The fair value reserve is an adjustment in respect of investment properties. This amount cannot be distributed to the members as it represents an un-reaslised surplus in respect of the fair value adjustment pertaining to the investment properties and has been transferred from retained earnings.
11. Related Party Transactions

P Peake, the director of the company, is the owner of the property from which the company trades. During the year the company paid rent of £48,000 (2017: £48,000) to P Peake, which is considered to be the market rental value.

12. General Information
Abtap Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04807591. The registered office is Abtap House, Sandown Road, Watford, Hertfordshire, WD24 7UF.
Page 6