Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
ABW Resources Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
ABW Resources Limited
for the Year Ended 31 August 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ABW Resources Limited for the year ended 31 August 2016 set out on pages 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of ABW Resources Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of ABW Resources Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ABW Resources Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ABW Resources Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ABW Resources Limited. You consider that ABW Resources 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 accounts of ABW Resources 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 accounts.
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Lewis & Co Chartered Accountants
75 Kenton Street
London
WC1N 1NN
19 May 2017
ABW Resources Limited
(Registration number: 02619965)
Abbreviated Balance Sheet at 31 August 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current (liabilities)/assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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S Whitehead
Director
2
ABW Resources Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Asset class |
Depreciation method and rate |
Office equipment |
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Fixtures and fittings |
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Pensions
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 September 2015 |
23,101 |
23,101 |
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At 31 August 2016 |
23,101 |
23,101 |
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Depreciation |
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At 1 September 2015 |
19,697 |
19,697 |
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Charge for the year |
1,134 |
1,134 |
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At 31 August 2016 |
20,831 |
20,831 |
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Net book value |
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At 31 August 2016 |
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At 31 August 2015 |
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ABW Resources Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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