Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Abbeydove Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J Harvey

REGISTERED OFFICE:

8/10 South St

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

02163453 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8/10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

3

-

-

Investment property

4

300,482

280,278

300,482

280,278

CURRENT ASSETS

Cash at bank

50

14,043

CREDITORS

Amounts falling due within one year

5

62,167

40,956

NET CURRENT LIABILITIES

(62,117

)

(26,913

)

TOTAL ASSETS LESS CURRENT LIABILITIES

238,365

253,365

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

238,364

253,364

SHAREHOLDERS' FUNDS

238,365

253,365

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 8 December 2017 and were signed by:

Ms J Harvey - Director

1.	STATUTORY INFORMATION

Abbeydove Ltd 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.

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 etc

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

7,724

DEPRECIATION

At 1 April 2016

and 31 March 2017

7,724

NET BOOK VALUE

At 31 March 2017

-

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2016

280,278

Additions

20,204

At 31 March 2017

300,482

NET BOOK VALUE

At 31 March 2017

300,482

At 31 March 2016

280,278

The valuation above represents the costs incurred with each property and associated planning costs.

The director is of the view that these costs represent fair value until clear planning options have been

identified.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

(1

)

Taxation and social security

-

30,123

Other creditors

62,167

10,834

62,167

40,956

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

1

1

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by Jacqueline Harvey.