| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 30 June 2016 |
| for |
| Abbott Building Limited |
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 30 June 2016 |
| for |
| Abbott Building Limited |
| Abbott Building Limited (Registered number: 06947908) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2016 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| Abbott Building Limited |
| Company Information |
| for the Year Ended 30 June 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Abbott Building Limited (Registered number: 06947908) |
| Report of the Director |
| for the Year Ended 30 June 2016 |
| The director presents his report with the financial statements of the company for the year ended 30 June 2016. |
| DIRECTOR |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act |
| 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| Abbott Building Limited (Registered number: 06947908) |
| Profit and Loss Account |
| for the Year Ended 30 June 2016 |
| 30.6.16 | 30.6.15 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| Abbott Building Limited (Registered number: 06947908) |
| Balance Sheet |
| 30 June 2016 |
| 30.6.16 | 30.6.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| Abbott Building Limited (Registered number: 06947908) |
| Balance Sheet - continued |
| 30 June 2016 |
| The financial statements were approved by the director on |
| Abbott Building Limited (Registered number: 06947908) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable |
| overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over |
| the period of the lease. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 30.6.16 | 30.6.15 |
| £ | £ |
| Depreciation - owned assets |
| Loss on disposal of fixed assets |
| Director's remuneration and other benefits etc |
| Abbott Building Limited (Registered number: 06947908) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2016 |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 30.6.16 | 30.6.15 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| 4. | DIVIDENDS |
| 30.6.16 | 30.6.15 |
| £ | £ |
| Ordinary shares of 10 each |
| Final | 98,000 | 105,000 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2015 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 June 2016 |
| DEPRECIATION |
| At 1 July 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.16 | 30.6.15 |
| £ | £ |
| Trade debtors | 680,470 | 134,898 |
| Other debtors | - | 22,118 |
| Abbott Building Limited (Registered number: 06947908) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2016 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.16 | 30.6.15 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.16 | 30.6.15 |
| value: | £ | £ |
| Ordinary | 10 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 July 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 June 2016 |