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REGISTERED NUMBER: SC161409 (Scotland)















Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Abient Ltd

Abient Ltd (Registered number: SC161409)






Contents of the Abbreviated Accounts
for the Year Ended 31 October 2016




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Abient Ltd (Registered number: SC161409)

Abbreviated Balance Sheet
31 October 2016

31.10.16 31.10.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 53 62

CURRENT ASSETS
Cash at bank 404,898 439,081

CREDITORS
Amounts falling due within one year 4,520 4,038
NET CURRENT ASSETS 400,378 435,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

400,431

435,105

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 400,429 435,103
SHAREHOLDERS' FUNDS 400,431 435,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 21 July 2017 and were signed by:





Mrs YC Mackay - Director


Abient Ltd (Registered number: SC161409)

Notes to the Abbreviated Accounts
for the Year Ended 31 October 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small
company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015
and 31 October 2016 735
DEPRECIATION
At 1 November 2015 673
Charge for year 9
At 31 October 2016 682
NET BOOK VALUE
At 31 October 2016 53
At 31 October 2015 62

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.16 31.10.15
value: £    £   
200 Ordinary .01 2 2

4. TRANSACTIONS WITH DIRECTORS

The director's current account balance at 31 October 2016 and at 31st October 2015 was £1,282.

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Mrs Y C Mackay by virtue of her majority shareholding.