REGISTERED NUMBER: 06999733 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ABA AUDITS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

Mr R A Phipps

Mrs A V Phipps

REGISTERED OFFICE:

c/o Cox Costello & Horne

Langwood House

63-81 High Street

Rickmansworth

Hertfordshire

WD3 1EQ

REGISTERED NUMBER:

06999733 (England and Wales)

ACCOUNTANTS:

Cox Costello & Horne

Chartered Accountants and Chartered Tax Advisors

4th & 5th Floor

14-15 Lower Grosvenor Place

London

SW1W 0EX

FIXED ASSETS

Tangible assets

2

18,109

21,924

CURRENT ASSETS

Debtors

7,771

279

Cash at bank

102,977

89,509

110,748

89,788

CREDITORS

Amounts falling due within one year

31,362

24,619

NET CURRENT ASSETS

79,386

65,169

TOTAL ASSETS LESS CURRENT LIABILITIES

97,495

87,093

PROVISIONS FOR LIABILITIES

3,546

-

NET ASSETS

93,949

87,093

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

93,849

86,993

SHAREHOLDERS' FUNDS

93,949

87,093

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

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

Mr R A Phipps - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company meets its day-to-day working capital requirements through its bank facilities. The company's

forecasts and projections, taking account of reasonably possible changes in trading performance, show that the

company should be able to operate within the level of its current facilities. After making enquiries, the directors

have a reasonable expectation that the company has adequate resources to continue in operational existence

for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its

financial statements.

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 comprises the rendering of services in the ordinary course of the company's activity. Turnover is

presented net of value-added tax. The company recognises turnover when the amount of revenue and related

costs can be reliably measured, it is probable that the collectability of the related receivables is reasonably

assured.

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 cost and in accordance with the property

All assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation. The

cost of an asset initially recognised includes its purchase price and any cost that is directly attributable to

bringing the asset to the location and condition necessary for it to be capable of operating in the manner

intended by management.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at

the balance sheet date.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

The company operates a defined contribution plans for its employees. A defined contribution plan is a pension

plan under which the company pays fixed contributions into a separate entity. Once the contributions have been

paid the company has no further payment obligations. The contributions are recognised as an expense when

they are due. Amounts not paid are shown in other creditors in the balance sheet. The assets of the plan are

held separately from the company in independently administered funds.

Contributions outstanding at the reporting date was £nil (2015: £nil).

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

33,922

Additions

1,445

At 31 August 2016

35,367

DEPRECIATION

At 1 September 2015

11,998

Charge for year

5,260

At 31 August 2016

17,258

NET BOOK VALUE

At 31 August 2016

18,109

At 31 August 2015

21,924

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of ABA Audits Limited for the year ended 31 August 2016 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of ABA Audits Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ABA Audits Limited and state those matters that we have agreed to state to the Board of Directors of ABA Audits Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ABA Audits Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that ABA Audits Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ABA Audits Limited. You consider that ABA Audits Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ABA Audits Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cox Costello & Horne

Chartered Accountants and Chartered Tax Advisors

4th & 5th Floor

14-15 Lower Grosvenor Place

London

SW1W 0EX

29 March 2017