REGISTERED NUMBER: SC240149 (Scotland)

Abbreviated Unaudited Accounts

For The Year Ended 31st October 2016

for

Abacus Book-keeping(Scotland) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs C Byrne

J Byrne

SECRETARY:

Mrs C Byrne

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC240149 (Scotland)

ACCOUNTANTS:

J.S. Mackie & Co. Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

2

2,218

1,206

CURRENT ASSETS

Debtors

22,581

23,387

Cash at bank and in hand

40,126

41,581

62,707

64,968

CREDITORS

Amounts falling due within one year

(36,951

)

(36,471

)

NET CURRENT ASSETS

25,756

28,497

TOTAL ASSETS LESS CURRENT LIABILITIES

27,974

29,703

CREDITORS

Amounts falling due after more than one year

(14,703

)

(15,486

)

NET ASSETS

13,271

14,217

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

13,269

14,215

SHAREHOLDERS' FUNDS

13,271

14,217

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

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

The directors acknowledge their 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 Board of Directors on 19th July 2017 and were signed on its behalf by:

Mrs C Byrne - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2015

11,711

Additions

6,250

At 31st October 2016

17,961

DEPRECIATION

At 1st November 2015

10,505

Charge for year

5,238

At 31st October 2016

15,743

NET BOOK VALUE

At 31st October 2016

2,218

At 31st October 2015

1,206

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary Shares

£1.00

2

2