REGISTERED NUMBER: 06155312 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2016 to 31 August 2016

for

Abeto Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A K Roberts

SECRETARY:

T A Roberts

REGISTERED OFFICE:

47 Lucknow Drive

Nottingham

Nottinghamshire

NG3 5EU

REGISTERED NUMBER:

06155312 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

14 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HQ

FIXED ASSETS

Tangible assets

4

4,740

1,116

CURRENT ASSETS

Debtors

5

874,117

742,095

Cash at bank and in hand

33,135

111,526

907,252

853,621

CREDITORS

Amounts falling due within one year

6

505,182

434,111

NET CURRENT ASSETS

402,070

419,510

TOTAL ASSETS LESS CURRENT LIABILITIES

406,810

420,626

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

406,710

420,526

SHAREHOLDERS' FUNDS

406,810

420,626

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2016 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 25 April 2017 and were signed by:

A K Roberts - Director

1.	STATUTORY INFORMATION

Abeto 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.

These financial statements for the period ended 31 August 2016 are the first financial statements that comply

with FRS 102 Section 1A small entities. The date of transition is 1 April 2015.

The transition to FRS 102 Section 1A has not resulted in any changes to the figures reported in previous years.

The company has shortened the reporting period from the prior year to report in line with the directors' other

companies which prepare financial statements to 31 August. Therefore, the comparative amounts presented in

the financial statements are not entirely comparable.

Turnover

Turnover represents net invoiced sales of services, 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

-

25% on reducing balance

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment

of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2016

1,760

Additions

4,175

At 31 August 2016

5,935

DEPRECIATION

At 1 April 2016

644

Charge for period

551

At 31 August 2016

1,195

NET BOOK VALUE

At 31 August 2016

4,740

At 31 March 2016

1,116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2016

£

£

Trade debtors

300,000

300,000

Other debtors

574,117

442,095

874,117

742,095

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2016

£

£

Trade creditors

-

2,736

Taxation and social security

149,802

169,301

Other creditors

355,380

262,074

505,182

434,111

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2016

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2016

420,526

Deficit for the period

(13,816

)

At 31 August 2016

406,710