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REGISTERED NUMBER: 04204030 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

ABTUS LIMITED

ABTUS LIMITED (REGISTERED NUMBER: 04204030)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABTUS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTORS: R A Owen
C P Welsh
P J Claydon
S J Parrett
Miss H Carter





SECRETARY: R A Owen





REGISTERED OFFICE: Falconer Road
Haverhill
Suffolk
CB9 7XU





REGISTERED NUMBER: 04204030 (England and Wales)





ACCOUNTANTS: Hackett Griffey LLP
Chartered Certified Accountants
2 Mill Road
Haverhill
Suffolk
CB9 8BD

ABTUS LIMITED (REGISTERED NUMBER: 04204030)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 55,062 34,765
55,062 34,765

CURRENT ASSETS
Stocks 116,467 114,498
Debtors 6 285,316 206,493
Cash at bank and in hand 361,788 410,808
763,571 731,799
CREDITORS
Amounts falling due within one year 7 451,188 428,928
NET CURRENT ASSETS 312,383 302,871
TOTAL ASSETS LESS CURRENT
LIABILITIES

367,445

337,636

CREDITORS
Amounts falling due after more than one
year

8

-

(658

)

PROVISIONS FOR LIABILITIES (8,703 ) (4,187 )
NET ASSETS 358,742 332,791

CAPITAL AND RESERVES
Called up share capital 11,000 11,000
Retained earnings 347,742 321,791
SHAREHOLDERS' FUNDS 358,742 332,791

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

ABTUS LIMITED (REGISTERED NUMBER: 04204030)

BALANCE SHEET - continued
31 DECEMBER 2016


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 31 May 2017 and were signed on its behalf by:




R A Owen - Director P J Claydon - Director




C P Welsh - Director S J Parrett - Director




Miss H Carter - Director


ABTUS LIMITED (REGISTERED NUMBER: 04204030)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Abtus 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of
VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets
Intangible fixed assets are stated at cost and are amortised over their estimated economic lives.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - at varying rates on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

In addition provision is made for impairment losses to reduce fixed assets to a recoverable amount where it is
lower than the carrying value.


Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 that have been enacted or
substantively enacted by the balance sheet date.


ABTUS LIMITED (REGISTERED NUMBER: 04204030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

2. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2016
and 31 December 2016 90,592
AMORTISATION
At 1 January 2016
and 31 December 2016 90,592
NET BOOK VALUE
At 31 December 2016 -
At 31 December 2015 -

ABTUS LIMITED (REGISTERED NUMBER: 04204030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2016 2,764 232,067 35,113
Additions 9,725 3,448 3,595
Disposals (2,764 ) - (17,018 )
At 31 December 2016 9,725 235,515 21,690
DEPRECIATION
At 1 January 2016 2,764 209,612 35,113
Charge for year 500 8,100 400
Eliminated on disposal (2,764 ) - (17,018 )
At 31 December 2016 500 217,712 18,495
NET BOOK VALUE
At 31 December 2016 9,225 17,803 3,195
At 31 December 2015 - 22,455 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2016 10,500 32,784 313,228
Additions 14,147 5,904 36,819
Disposals (10,500 ) (6,594 ) (36,876 )
At 31 December 2016 14,147 32,094 313,171
DEPRECIATION
At 1 January 2016 10,500 20,474 278,463
Charge for year 297 7,225 16,522
Eliminated on disposal (10,500 ) (6,594 ) (36,876 )
At 31 December 2016 297 21,105 258,109
NET BOOK VALUE
At 31 December 2016 13,850 10,989 55,062
At 31 December 2015 - 12,310 34,765

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 285,316 206,134
Prepayments - 359
285,316 206,493

ABTUS LIMITED (REGISTERED NUMBER: 04204030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 160,852 142,799
Taxation 51,444 59,853
Social security and other taxes 19,374 18,341
VAT 38,579 32,648
Other creditors 713 714
Directors' loan accounts 81,664 87,473
Accrued expenses 97,904 85,972
Deferred government grants 658 1,128
451,188 428,928

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
£    £   
Deferred government grants - 658