REGISTERED NUMBER: 00644455 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A.B. Group (Croydon) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N J Day

H D Day

SECRETARY:

N J Day

REGISTERED OFFICE:

AMP House

Dingwall Road

Croydon

Surrey

CR0 2LX

REGISTERED NUMBER:

00644455 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

United Kingdom

SE19 3RW

FIXED ASSETS

Investments

5

154,723

101,485

CURRENT ASSETS

Debtors

6

555,046

555,046

Cash at bank

2,784

3,648

557,830

558,694

CREDITORS

Amounts falling due within one year

7

(5,011

)

(6,608

)

NET CURRENT ASSETS

552,819

552,086

TOTAL ASSETS LESS CURRENT LIABILITIES

707,542

653,571

PROVISIONS FOR LIABILITIES

(269

)

-

NET ASSETS

707,273

653,571

CAPITAL AND RESERVES

Called up share capital

250,000

250,000

Fair value reserve

8

24,454

-

Retained earnings

8

432,819

403,571

SHAREHOLDERS' FUNDS

707,273

653,571

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 Board of Directors on 20 July 2017 and were signed on its behalf by:

N J Day - Director

1.	STATUTORY INFORMATION

A.B. Group (Croydon) 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents income received from investments and interest charged on loans.

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.

Fixed asset investments

Fixed asset investments are valued at fair value from information obtained from The London Stock Exchange.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2016

101,485

Revaluations

53,238

At 31 March 2017

154,723

NET BOOK VALUE

At 31 March 2017

154,723

At 31 March 2016

101,485

The historical cost of listed investments is £130,000.

6.

DEBTORS

31.3.17

31.3.16

£

£

Amounts falling due within one year:

Other debtors

5,046

5,046

Amounts falling due after more than one year:

Other debtors

550,000

550,000

Aggregate amounts

555,046

555,046

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

2,030

1,252

Other creditors

2,981

5,356

5,011

6,608

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2016

403,571

-

403,571

Profit for the year

53,702

53,702

Revaluation

(24,723

)

24,723

-

Deferred tax

269

(269

)

-

At 31 March 2017

432,819

24,454

457,273