REGISTERED NUMBER: 02927401 (England and Wales)

Abacus Childcare Limited

Unaudited Financial Statements

for the Year Ended 30 April 2017

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Fox

J M Waite

SECRETARY:

Mrs J S Waite

REGISTERED OFFICE:

Bowden Inn Farm

Bowden Business Village

Harborough Road

Market Harborough

Leicestershire

LE16 7SA

REGISTERED NUMBER:

02927401 (England and Wales)

ACCOUNTANTS:

Carpe Diem Accounting Services

35 Waterfall Way

Barwell

Leicester

Leicestershire

LE9 8EH

FIXED ASSETS

Investments

3

122,610

122,610

CURRENT ASSETS

Debtors

47,716

22,885

Cash at bank and in hand

24,632

24,566

72,348

47,451

CREDITORS

Amounts falling due within one year

35,508

9,788

NET CURRENT ASSETS

36,840

37,663

TOTAL ASSETS LESS CURRENT LIABILITIES

159,450

160,273

CREDITORS

Amounts falling due after more than one year

4

38,800

38,800

NET ASSETS

120,650

121,473

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

120,550

121,373

SHAREHOLDERS' FUNDS

120,650

121,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 December 2017 and were signed on its behalf by:

J M Fox - Director

1.	STATUTORY INFORMATION

Abacus Childcare 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 May 2016

and 30 April 2017

122,610

NET BOOK VALUE

At 30 April 2017

122,610

At 30 April 2016

122,610

4.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

30.4.17

30.4.16

£

£

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

38,800

38,800