REGISTERED NUMBER: 04726959 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 May 2015

for

Aabyss Computers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T G Midwood

SECRETARY:

T G Midwood

REGISTERED OFFICE:

Unit 19 Meridian Business Village

Hansby Drive

Hunts Cross

Liverpool

Merseyside

L24 9LG

REGISTERED NUMBER:

04726959 (England and Wales)

ACCOUNTANTS:

SB&P LLP

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

FIXED ASSETS

Intangible assets

2

139,090

156,476

Tangible assets

3

84,184

9,855

223,274

166,331

CURRENT ASSETS

Stocks

82,587

99,594

Debtors

343,713

347,393

Cash at bank and in hand

59

1,604

426,359

448,591

CREDITORS

Amounts falling due within one year

4

282,748

284,583

NET CURRENT ASSETS

143,611

164,008

TOTAL ASSETS LESS CURRENT LIABILITIES

366,885

330,339

CREDITORS

Amounts falling due after more than one year

4

107,230

51,250

NET ASSETS

259,655

279,089

CAPITAL AND RESERVES

Called up share capital

5

50

50

Capital redemption reserve

50

50

Profit and loss account

259,555

278,989

SHAREHOLDERS' FUNDS

259,655

279,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 February 2016 and were signed by:

T G Midwood - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents the value,net of value added tax and discounts, of goods provided to customers and work

carried out in respect of services provided to customers.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

33% on cost, 25% on cost and 15% on cost

Fixtures and fittings

-

20% on cost and 15% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

347,725

AMORTISATION

At 1 June 2014

191,249

Amortisation for year

17,386

At 31 May 2015

208,635

NET BOOK VALUE

At 31 May 2015

139,090

At 31 May 2014

156,476

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

127,247

Additions

100,379

Disposals

(66,857

)

At 31 May 2015

160,769

DEPRECIATION

At 1 June 2014

117,392

Charge for year

26,050

Eliminated on disposal

(66,857

)

At 31 May 2015

76,585

NET BOOK VALUE

At 31 May 2015

84,184

At 31 May 2014

9,855

4.

CREDITORS

Creditors include an amount of £ 113,513 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

50

Ordinary shares

£1

50

50