Company Registration No. 6994964 (England and Wales)
Abigail Edwards Limited
Unaudited accounts
for the year ended 31 August 2017
Abigail Edwards Limited
Unaudited accounts
Contents
Abigail Edwards Limited
Company Information
for the year ended 31 August 2017
Company Number
6994964 (England and Wales)
Registered Office
TOP FLOOR FLAT
36 ALBION ROAD
LONDON
N16 9PH
ENGLAND
Accountants
Amy Gardiner FCA
15 High Meads
Wheathampstead
St Albans
AL4 8DN
Abigail Edwards Limited
Statement of financial position
as at 31 August 2017
Tangible assets
2,737
3,628
Cash at bank and in hand
66,924
75,254
Creditors: amounts falling due within one year
(32,292)
(35,369)
Net current assets
67,684
68,276
Called up share capital
1
1
Profit and loss account
70,420
71,903
Shareholders' funds
70,421
71,904
For the year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 May 2018.
Miss A Edwards
Director
Company Registration No. 6994964
Abigail Edwards Limited
Notes to the Accounts
for the year ended 31 August 2017
Abigail Edwards Limited is a private company, limited by shares, registered in England and Wales, registration number 6994964. The registered office is TOP FLOOR FLAT, 36 ALBION ROAD, LONDON, N16 9PH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Abigail Edwards Limited
Notes to the Accounts
for the year ended 31 August 2017
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2016
6,000
833
6,833
At 31 August 2017
6,000
833
6,833
At 1 September 2016
2,928
277
3,205
Charge for the year
614
277
891
At 31 August 2017
3,542
554
4,096
At 31 August 2017
2,458
279
2,737
At 31 August 2016
3,072
556
3,628
Finished goods
21,313
26,542
Trade debtors
10,846
1,849
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
9,207
13,175
Loans from directors
22,335
20,194
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
During the year, dividends of £39,015 (2016: £27,000) were paid to the Director.
Abigail Edwards Limited
Notes to the Accounts
for the year ended 31 August 2017
11
Average number of employees
During the year the average number of employees was 1 (2016: 1).