Micro-entity Accounts - ABACUS 246 LIMITED

05297545 ABACUS 246 LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 05297545 2016-04-01 2017-03-31 05297545 2017-03-31 05297545 2016-03-31 05297545 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 05297545 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 05297545 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 05297545

ABACUS 246 LIMITED

Micro-entity Accounts

31 March 2017

ABACUS 246 LIMITED Registered Number 05297545

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	1	2,087	71
Investments		-	-
		2,087	71
Current assets
Stocks		-	-
Debtors		20,121	13,983
Investments		-	-
Cash at bank and in hand		7,121	3,751
		27,242	17,734
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(27,005)	(16,878)
Net current assets (liabilities)		237	856
Total assets less current liabilities		2,324	927
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		2,324	927
Capital and reserves
Called up share capital	2	2	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		2,322	925
Shareholders' funds		2,324	927

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 December 2017

And signed on their behalf by:
Miss G Mole, Director

ABACUS 246 LIMITED Registered Number 05297545

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Tangible fixed assets

	£
Cost
At 1 April 2016	2,745
Additions	3,019
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2017	5,764
Depreciation
At 1 April 2016	2,674
Charge for the year	1,003
On disposals	0
At 31 March 2017	3,677
Net book values
At 31 March 2017	2,087
At 31 March 2016	71

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
2 Ordinary shares of £1 each	2	2

3Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods
supplied and services rendered, net of discounts and Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Fixtures & fittings - 25% straight line
Office equipment - 33% straight line