REGISTERED NUMBER: 06052141 (England and Wales)

Financial Statements for the Year Ended 31 January 2017

for

ABM CONSULTANTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Mukhtar

A Mukhtar

REGISTERED OFFICE:

23 East Ridge View

Garforth

Leeds

LS25 2PN

REGISTERED NUMBER:

06052141 (England and Wales)

ACCOUNTANTS:

Utterly Tax Limited

Chartered Tax Advisers &

Chartered Certified Accountants

Sophia House

28 Cathedral Road

Cardiff

South Glamorgan

CF11 9LJ

FIXED ASSETS

Tangible assets

4

450

130

CURRENT ASSETS

Debtors

5

20,530

98,800

Cash at bank and in hand

54,805

30,540

75,335

129,340

CREDITORS

Amounts falling due within one year

6

46,075

38,794

NET CURRENT ASSETS

29,260

90,546

TOTAL ASSETS LESS CURRENT LIABILITIES

29,710

90,676

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

29,700

90,666

SHAREHOLDERS' FUNDS

29,710

90,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 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 2 May 2017 and were signed on its behalf by:

A Mukhtar - Director

1.	STATUTORY INFORMATION

Abm Consultants 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

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.

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 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2016

1,096

Additions

470

At 31 January 2017

1,566

DEPRECIATION

At 1 February 2016

966

Charge for year

150

At 31 January 2017

1,116

NET BOOK VALUE

At 31 January 2017

450

At 31 January 2016

130

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

20,530

15,300

Other debtors

-

83,500

20,530

98,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

38,430

27,720

Other creditors

7,645

11,074

46,075

38,794

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company made a loan to Mr Vaseem Mukhtar, the brother of Mr Anjum Mukhtar on 28th September 2010

of £30,000. The company made a further advance of £20,000 on 8th October 2013, £10,000 on 16th February

2014, £25,000 on 23rd June 2014 and £13,000 6th January 2016, making the balance at 31st January 2016

£83,500. The loan was repaid in full during 2016-2017. The terms of the loan are that it is unsecured, will attract

interest at date of repayment equivalent to 4% per annum and is repayable at a date of mutual agreement.