A.B.M. Precisions (Holdings) Limited - Accounts to registrar

REGISTERED NUMBER: 06595445 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

A.B.M. Precisions (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Woods

REGISTERED OFFICE:

Ansley Hall

Ansley Common

Nuneaton

Warwickshire

CV10 0QN

REGISTERED NUMBER:

06595445 (England and Wales)

ACCOUNTANTS:

Primary Numbers Limited

Chartered Certified Accountants

31 Dunns Close

Nuneaton

Warwickshire

CV11 4NF

FIXED ASSETS

Tangible assets

3

504,774

Investments

4

1,230

506,004

CURRENT ASSETS

Cash at bank

30,491

10,241

CREDITORS

Amounts falling due within one year

5

72,708

122,866

NET CURRENT LIABILITIES

(42,217

)

(112,625

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

463,787

393,379

CREDITORS

Amounts falling due after more than one
year

6

106,348

121,521

NET ASSETS

357,439

271,858

CAPITAL AND RESERVES

Called up share capital

1,230

Retained earnings

356,209

270,628

SHAREHOLDERS' FUNDS

357,439

271,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

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

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

The financial statements were approved by the director on 26 September 2017 and were signed by:

I Woods - Director

1.	STATUTORY INFORMATION

A.B.M. Precisions (Holdings) 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.

Tangible fixed assets

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

Land and buildings

-

not provided

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2016

and 30 June 2017

504,774

NET BOOK VALUE

At 30 June 2017

504,774

At 30 June 2016

504,774

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2016

and 30 June 2017

1,230

NET BOOK VALUE

At 30 June 2017

1,230

At 30 June 2016

1,230

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

Bank loans and overdrafts

20,892

Taxation and social security

8,782

-

Other creditors

43,034

101,974

72,708

122,866

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.17

30.6.16

£

Bank loans

106,348

121,521

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

37,956

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director.