IRIS Accounts Production v18.1.0.975 04404932 Board of Directors 1.8.16 31.7.17 31.7.17 false true false false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044049322016-07-31044049322017-07-31044049322016-08-012017-07-31044049322015-07-31044049322015-08-012016-07-31044049322016-07-3104404932ns15:EnglandWales2016-08-012017-07-3104404932ns14:PoundSterling2016-08-012017-07-3104404932ns10:Director12016-08-012017-07-3104404932ns10:PrivateLimitedCompanyLtd2016-08-012017-07-3104404932ns10:SmallEntities2016-08-012017-07-3104404932ns10:AuditExempt-NoAccountantsReport2016-08-012017-07-3104404932ns10:SmallCompaniesRegimeForDirectorsReport2016-08-012017-07-3104404932ns10:SmallCompaniesRegimeForAccounts2016-08-012017-07-3104404932ns10:FullAccounts2016-08-012017-07-3104404932ns10:OrdinaryShareClass12016-08-012017-07-3104404932ns10:Director22016-08-012017-07-3104404932ns10:CompanySecretary12016-08-012017-07-3104404932ns10:RegisteredOffice2016-08-012017-07-3104404932ns5:CurrentFinancialInstruments2017-07-3104404932ns5:CurrentFinancialInstruments2016-07-3104404932ns5:ShareCapital2017-07-3104404932ns5:ShareCapital2016-07-3104404932ns5:RetainedEarningsAccumulatedLosses2017-07-3104404932ns5:RetainedEarningsAccumulatedLosses2016-07-3104404932ns5:PlantMachinery2016-08-012017-07-3104404932ns5:FurnitureFittings2016-08-012017-07-3104404932ns5:ComputerEquipment2016-08-012017-07-3104404932ns5:PlantMachinery2016-07-3104404932ns5:FurnitureFittings2016-07-3104404932ns5:ComputerEquipment2016-07-3104404932ns5:PlantMachinery2017-07-3104404932ns5:FurnitureFittings2017-07-3104404932ns5:ComputerEquipment2017-07-3104404932ns5:PlantMachinery2016-07-3104404932ns5:FurnitureFittings2016-07-3104404932ns5:ComputerEquipment2016-07-3104404932ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-07-3104404932ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-07-3104404932ns5:DeferredTaxation2016-08-012017-07-3104404932ns5:DeferredTaxation2017-07-3104404932ns10:OrdinaryShareClass12017-07-31
REGISTERED NUMBER: 04404932 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

ABBEY GROUP PROPERTY MANAGEMENT LTD

ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABBEY GROUP PROPERTY MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTORS: R R Sturgess
Mrs C C A Sturgess





SECRETARY: R R Sturgess





REGISTERED OFFICE: Abbey House
14 Grove Street
Wantage
Oxfordshire
OX12 7AA





REGISTERED NUMBER: 04404932 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
6 Langdale Court
Witney
Oxfordshire
OX28 6FG

ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)

BALANCE SHEET
31 JULY 2017

31.7.17 31.7.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,732 43,847
Investments 5 5,800 5,800
26,532 49,647

CURRENT ASSETS
Debtors 6 82,071 28,942
Cash at bank 21,809 6,973
103,880 35,915
CREDITORS
Amounts falling due within one year 7 222,220 192,127
NET CURRENT LIABILITIES (118,340 ) (156,212 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(91,808

)

(106,565

)

PROVISIONS FOR LIABILITIES 8 3,939 -
NET LIABILITIES (95,747 ) (106,565 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (95,847 ) (106,665 )
SHAREHOLDERS' FUNDS (95,747 ) (106,565 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)

BALANCE SHEET - continued
31 JULY 2017


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 19 April 2018 and were signed on its behalf by:





R R Sturgess - Director


ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017

1. STATUTORY INFORMATION

The nature of the company's operations and principal activity is that of property management. The company's
principal place of business is Wantage, Oxfordshire. The financial statements are presented in sterling which is
the functional currency of the company and rounded to the nearest £.

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.

The financial statements have been prepared on the going concern basis on the understanding that the balance
sheet deficit is covered by the director's loan account. Furthermore the director has provided assurances that he
will continue to support the company.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - Straight line over 3 years
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 4 years

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2016
and 31 July 2017 37,699 14,642 80,205 132,546
DEPRECIATION
At 1 August 2016 12,566 14,642 61,491 88,699
Charge for year 12,567 - 10,548 23,115
At 31 July 2017 25,133 14,642 72,039 111,814
NET BOOK VALUE
At 31 July 2017 12,566 - 8,166 20,732
At 31 July 2016 25,133 - 18,714 43,847

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.7.17 31.7.16
£    £   
Investments held as
fixed assets 5,800 5,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Trade debtors 17,170 14,824
Other debtors 10,134 8,000
Prepayments and accrued income 54,767 6,118
82,071 28,942

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Trade creditors 1,906 2,536
Social security and other taxes 2,853 2,896
VAT 6,135 5,970
Directors' current accounts 206,768 179,125
Accrued expenses 4,558 1,600
222,220 192,127

8. PROVISIONS FOR LIABILITIES
31.7.17 31.7.16
£    £   
Deferred tax 3,939 -

ABBEY GROUP PROPERTY MANAGEMENT LTD (REGISTERED NUMBER: 04404932)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 3,939
Balance at 31 July 2017 3,939

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.7.17 31.7.16
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The controlling party is R R Sturgess.