REGISTERED NUMBER: 03647197 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Able Comm Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Gurpal Singh Bhandal

Sarabjit Singh Bhandal

SECRETARY:

Gurpal Singh Bhandal

REGISTERED OFFICE:

Charter Buildings

Ashton Lane

Sale

Cheshire

M33 6WT

BUSINESS ADDRESS:

Bierrum House

105/111 High Street

Houghton Regis

Bedfordshire

LU5 5BJ

REGISTERED NUMBER:

03647197 (England and Wales)

ACCOUNTANTS:

Brackman Wolfe

Charter Buildings

9 Ashton Lane

Sale

Cheshire

M33 6WT

FIXED ASSETS

Tangible assets

2

9,160,328

7,024,369

Investments

3

114,900

114,900

9,275,228

7,139,269

CURRENT ASSETS

Debtors

886,416

658,774

Cash at bank

152,827

664,914

1,039,243

1,323,688

CREDITORS

Amounts falling due within one year

4

4,060,271

2,600,562

NET CURRENT LIABILITIES

(3,021,028

)

(1,276,874

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,254,200

5,862,395

CREDITORS

Amounts falling due after more than one year

4

2,767,102

2,726,666

NET ASSETS

3,487,098

3,135,729

CAPITAL AND RESERVES

Called up share capital

5

120

120

Profit and loss account

3,486,978

3,135,609

SHAREHOLDERS' FUNDS

3,487,098

3,135,729

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

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

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 December 2016 and were signed on its behalf by:

Gurpal Singh Bhandal - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

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.

Long leasehold

-

not provided

Fixtures and fittings

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

7,042,531

Additions

2,136,341

At 31 March 2016

9,178,872

DEPRECIATION

At 1 April 2015

18,162

Charge for year

382

At 31 March 2016

18,544

NET BOOK VALUE

At 31 March 2016

9,160,328

At 31 March 2015

7,024,369

3.	FIXED ASSET INVESTMENTS

Investments held as fixed assets are stated at cost, together with subsequent capital

contributions, less any provision for impairment in value.

Investment income is recognised in the financial statements when the company becomes

entitled to its share of profits from the fixed asset investment.

4.

CREDITORS

Creditors include an amount of £ 3,081,411 (31.3.15 - £ 2,726,666 ) for which security has

been given.

They also include the following debts falling due in more than five years:

31.3.16

31.3.15

£

£

Repayable otherwise than by instalments

1,509,866

2,726,666

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

120

Ordinary

£1

120

120

6.	RELATED PARTY DISCLOSURES

The company lets property to Conation Limited, Distal Point Limited, Palladium Services

Limited and Obex Associates Limited. These companies are all associated with Able Comm

Limited being under common control.

All rents are professionally valued and charged on an "arms length basis".