ACCOUNTS - Final Accounts preparation

Registered number: 06913342

ABIGAIL COURT HOTEL LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

ABIGAIL COURT HOTEL LIMITED

CONTENTS

	Page
Accountants' Report	1
Balance Sheet	2 - 3
Notes to the Abbreviated Accounts	4 - 5

ABIGAIL COURT HOTEL LIMITED

The following reproduces the text of the Chartered Accountants' Report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ABIGAIL COURT HOTEL LIMITED
FOR THE YEAR ENDED 31 MAY 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abigail Court Hotel Limited for the year ended 31 May 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 to us.

As a 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 http://www.icaew.com/en/membership/
regulations-standards-and-guidance.

This report is made solely to the director of Abigail Court Hotel Limited in accordance with the terms of our engagement letter dated 12 April 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Abigail Court Hotel Limited and state those matters that we have agreed to state to the director of Abigail Court Hotel Limited in this report in accordance with ICAEW Technical release TECH07/16AAF . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abigail Court Hotel Limited and its director for our work or for this report.

It is your duty to ensure that Abigail Court Hotel 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 Abigail Court Hotel Limited. You consider that Abigail Court Hotel Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Abigail Court Hotel 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.

MA Partners LLP

7 The Close

Norwich

Norfolk

NR1 4DJ

22 February 2017

Page 1

ABIGAIL COURT HOTEL LIMITED

REGISTERED NUMBER: 06913342

ABBREVIATED BALANCE SHEET

AS AT 31 MAY 2016

2016

2015

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		10,486		12,264

CURRENT ASSETS
Debtors	12,541		10,080
Cash at bank	4,941		-

	17,482		10,080
CREDITORS: amounts falling due within one year	(10,368)		(12,332)
NET CURRENT ASSETS/(LIABILITIES)		7,114		(2,252)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,600

10,012

PROVISIONS FOR LIABILITIES
Deferred tax	(2,183)	-
NET ASSETS	15,417	10,012

CAPITAL AND RESERVES
Called up share capital	3	100	100
Profit and loss account		15,317	9,912

SHAREHOLDERS' FUNDS

15,417

10,012

The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 May 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Page 2

ABIGAIL COURT HOTEL LIMITED

ABBREVIATED BALANCE SHEET (continued)

AS AT 31 MAY 2016

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 22 February 2017.

J Bale

Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

ABIGAIL COURT HOTEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

				Fixtures and fittings	-	15% on reducing balance
				Office equipment	-	15% straight line

	1.4	Deferred taxation
		Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.
		A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted.

Page 4

ABIGAIL COURT HOTEL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

2.TANGIBLE FIXED ASSETS

		£
	Cost
	At 1 June 2015	19,013
	Additions	595
	Disposals	(615)
	At 31 May 2016	18,993

	Depreciation
	At 1 June 2015	6,749
	Charge for the year	1,850
	On disposals	(92)
	At 31 May 2016	8,507

	Net book value
	At 31 May 2016	10,486
	At 31 May 2015	12,264

3.SHARE CAPITAL

	2016	2015
	£	£
Allotted, called up and fully paid

100 Ordinary Shares shares of £1 each	100	100

Page 5