Abbreviated Company Accounts - ABACUS SURVEYS UK LIMITED

05243073 ABACUS SURVEYS UK LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05243073 2015-09-01 2016-08-31 05243073 2016-08-31 05243073 2015-08-31 05243073 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05243073 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05243073

ABACUS SURVEYS UK LIMITED

Abbreviated Accounts

31 August 2016

ABACUS SURVEYS UK LIMITED Registered Number 05243073

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	28,385	30,584
		28,385	30,584
Current assets
Debtors		57,724	139,154
Cash at bank and in hand		114,679	86,743
		172,403	225,897
Creditors: amounts falling due within one year		(28,714)	(67,227)
Net current assets (liabilities)		143,689	158,670
Total assets less current liabilities		172,074	189,254
Provisions for liabilities		(5,677)	(5,918)
Total net assets (liabilities)		166,397	183,336
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		166,395	183,334
Shareholders' funds		166,397	183,336

For the year ending 31 August 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 March 2017

And signed on their behalf by:
P Fletcher, Director

ABACUS SURVEYS UK LIMITED Registered Number 05243073

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 15% on written down value
Motor vehicles - 25% on written down value

Other accounting policies
Pensions

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 September 2015	68,391
Additions	3,966
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	72,357
Depreciation
At 1 September 2015	37,807
Charge for the year	6,165
On disposals	-
At 31 August 2016	43,972
Net book values
At 31 August 2016	28,385
At 31 August 2015	30,584

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	P Fletcher
Description of the transaction:	Interest free loans
Balance at 1 September 2015:	£ 0
Advances or credits made:	£ 865
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 865