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REGISTERED NUMBER: 05350693 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2017

FOR

ABBEY BLINDS (NW) LIMITED

ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2017










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ABBEY BLINDS (NW) LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2017







DIRECTORS: A D Parker
M Parker





REGISTERED OFFICE: 2 Hilliards Court
Chester Business Park
Chester
Cheshire
CH4 9PX





REGISTERED NUMBER: 05350693 (England and Wales)





ACCOUNTANTS: McLintocks Partnership Limited
Chartered Accountants
2 Hilliards Court
Chester Business Park
Chester
Cheshire
CH4 9PX
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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

ABRIDGED BALANCE SHEET
31 January 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 23,000 -
Tangible assets 5 8,873 9,824
31,873 9,824

CURRENT ASSETS
Stocks 20,907 24,382
Debtors 30,004 21,720
Cash at bank and in hand 41,631 71,250
92,542 117,352
CREDITORS
Amounts falling due within one year 66,728 66,481
NET CURRENT ASSETS 25,814 50,871
TOTAL ASSETS LESS CURRENT
LIABILITIES
57,687
60,695

PROVISIONS FOR LIABILITIES 1,775 1,927
NET ASSETS 55,912 58,768

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,812 58,668
SHAREHOLDERS' FUNDS 55,912 58,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 notes form part of these financial statements

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

ABRIDGED BALANCE SHEET - continued
31 January 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 July 2017 and were signed
on its behalf by:





A D Parker - Director


The notes form part of these financial statements

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ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2017


1. STATUTORY INFORMATION

Abbey Blinds (NW) Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

The website is being amortised evenly over its estimated useful life of five years.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after
making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.


-4- continued...
ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2017


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income
Statement, except to the extent that it relates to items recognised in other comprehensive
income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have
been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in
periods different from those in which they are recognised in financial statements. Deferred tax
is measured using tax rates and laws that have been enacted or substantively enacted by the
year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other
future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

-5- continued...
ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2017


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2016 70,000
Additions 23,000
At 31 January 2017 93,000
AMORTISATION
At 1 February 2016
and 31 January 2017 70,000
NET BOOK VALUE

At 31 January 2017 23,000
At 31 January 2016 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2016 40,354
Additions 1,161
At 31 January 2017 41,515
DEPRECIATION
At 1 February 2016 30,530
Charge for year 2,112
At 31 January 2017 32,642
NET BOOK VALUE
At 31 January 2017 8,873
At 31 January 2016 9,824

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2017 2016
£    £   
Within one year 3,044 -

-6- continued...
ABBEY BLINDS (NW) LIMITED (REGISTERED NUMBER: 05350693)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2017


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year rent has been paid to the director Mr AD Parker amounting to £9,214 (2016:
£11,500).

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