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REGISTERED NUMBER: 06472893 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st December 2017

for

ABBEYMAN PROPERTY SERVICES LIMITED

ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)






Contents of the Financial Statements
for the Year Ended 31st December 2017




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ABBEYMAN PROPERTY SERVICES LIMITED

Company Information
for the Year Ended 31st December 2017







DIRECTORS: P A Campfield
C M Campfield
M Campfield





SECRETARY: P A Campfield





REGISTERED OFFICE: 14 Queens Road
Hersham
Walton on Thames
Surrey
KT12 5LS





REGISTERED NUMBER: 06472893 (England and Wales)





ACCOUNTANTS: Byrne Palmer & Co
Chartered Accountants
14 Queens Road
Hersham
Walton on Thames
Surrey
KT12 5LS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Abbeyman Property Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Abbeyman Property Services Limited for the year ended 31st December 2017 which comprise
the Income Statement, 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 Abbeyman Property Services Limited, as a body, in accordance with the terms of our engagement letter dated 14th September 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Abbeyman Property Services Limited and state those matters that we have agreed to state to the Board of Directors of Abbeyman Property Services 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 Abbeyman Property Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Abbeyman Property Services 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 Abbeyman Property Services Limited. You consider that Abbeyman Property Services 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 Abbeyman Property Services 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.






Byrne Palmer & Co
Chartered Accountants
14 Queens Road
Hersham
Walton on Thames
Surrey
KT12 5LS


Date: .............................................

ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)

Balance Sheet
31st December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,347 18,416
Investment property 5 1,900,000 1,350,000
1,911,347 1,368,416

CURRENT ASSETS
Debtors 6 19,494 10,857
Cash at bank 2,766 491
22,260 11,348
CREDITORS
Amounts falling due within one year 7 272,391 322,428
NET CURRENT LIABILITIES (250,131 ) (311,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,661,216

1,057,336

PROVISIONS FOR LIABILITIES 133,780 32,137
NET ASSETS 1,527,436 1,025,199

CAPITAL AND RESERVES
Called up share capital 90,090 90,090
Share premium 310,954 310,954
Retained earnings 1,126,392 624,155
SHAREHOLDERS' FUNDS 1,527,436 1,025,199

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

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

ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)

Balance Sheet - continued
31st December 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 22nd September 2018 and were signed on its
behalf by:





P A Campfield - Director


ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)

Notes to the Financial Statements
for the Year Ended 31st December 2017

1. STATUTORY INFORMATION

Abbeyman Property Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the gross rental income receivable from the company's investment properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and
liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to
related parties and investments in non-puttable ordinary shares

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other
accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently
at amortised cost using the effective interest method. Debt instruments that are payable or relivable within one
year, typically trade debtors and creditors, are measured. initially and subsequently, at the undiscounted amount
of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term
instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business
terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at
market rate, the financial asset or liability is measured, initially , at the present value of the future cash flow
discounted at a market rate of interest for similar debt instrument and subsequently at amotised cost.

Financial asset's that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in the Statement of Comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an
asset's carrying amount and the net present value of estimated cash flows discounted at the asset's original
effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any
impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when
there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or
to realise the asset and settle the liability simultaneously.


ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2017

2. ACCOUNTING POLICIES - continued
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 NIL (2016 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2017 18,416
Disposals (7,069 )
At 31st December 2017 11,347
NET BOOK VALUE
At 31st December 2017 11,347
At 31st December 2016 18,416

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2017 1,350,000
Additions 550,000
At 31st December 2017 1,900,000
NET BOOK VALUE
At 31st December 2017 1,900,000
At 31st December 2016 1,350,000

ABBEYMAN PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 06472893)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2017

5. INVESTMENT PROPERTY - continued

Fair value at 31st December 2017 is represented by:

£   
Valuation in 2017 1,900,000

If Investment properties had not been revalued they would have been included at the following historical cost:

2017 2016
£    £   
Cost 830,323 830,323

Investment properties were valued on an open market basis on 31st December 2017 by The directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed by participating interests 17,694 9,057
Other debtors 1,800 1,800
19,494 10,857

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to participating interests 43,504 38,491
Taxation and social security 12,879 17,513
Other creditors 216,008 266,424
272,391 322,428

8. RELATED PARTY DISCLOSURES

Assets

Current account Abbeyman Investments Limited- Associated company £17,694.

Liabilities

Current account P Campfield - Director £204,085.
Current account CELRE Consultancy Limited - Associated company £43,504.

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.