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REGISTERED NUMBER: 07093860 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

ABACUS FLAME LIMITED

ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABACUS FLAME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTORS: R Jarvis
N McNeill





REGISTERED OFFICE: 277-279 Seaside
Eastbourne
East Sussex
BN22 7NU





REGISTERED NUMBER: 07093860 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)

BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £   
FIXED ASSETS
Tangible assets 4 75,413 98,854

CURRENT ASSETS
Stocks 71,500 71,500
Debtors 5 83,021 105,464
Cash at bank and in hand 114,726 50,248
269,247 227,212
CREDITORS
Amounts falling due within one year 6 (251,627 ) (247,564 )
NET CURRENT ASSETS/(LIABILITIES) 17,620 (20,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,033

78,502

CREDITORS
Amounts falling due after more than one
year

7

(45,067

)

(77,124

)
NET ASSETS 47,966 1,378

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 47,766 1,178
SHAREHOLDERS' FUNDS 47,966 1,378

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

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

ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)

BALANCE SHEET - continued
31 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 4 April 2018 and were signed on its
behalf by:




R Jarvis - Director



N McNeill - Director


ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)

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

1. STATUTORY INFORMATION

Abacus Flame 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 represents net invoiced sale of goods and 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2016 - 15 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2017 5,000 11,216 165,498 1,534 183,248
Additions - 1,380 - - 1,380
At 31 December 2017 5,000 12,596 165,498 1,534 184,628
DEPRECIATION
At 1 January 2017 4,333 8,784 69,839 1,438 84,394
Charge for year 167 708 23,914 32 24,821
At 31 December 2017 4,500 9,492 93,753 1,470 109,215
NET BOOK VALUE
At 31 December 2017 500 3,104 71,745 64 75,413
At 31 December 2016 667 2,432 95,659 96 98,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 79,586 103,579
Other debtors 3,435 1,885
83,021 105,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Hire purchase contracts 26,331 27,186
Trade creditors 81,661 81,743
Taxation and social security 70,014 30,591
Other creditors 73,621 108,044
251,627 247,564

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Hire purchase contracts 45,067 77,124

ABACUS FLAME LIMITED (REGISTERED NUMBER: 07093860)

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

8. CALLED UP SHARE CAPITAL

2015 2014
Number Class Nominal value £ £

50 Ordinary 'A' £1 50 50
50 Ordinary 'B' £1 50 50
50 Ordinary 'C' £1 50 50
50 Ordinary 'D' £1 50 50
200 200

9. FIRST YEAR ADOPTION

No changes were required to the profit for the financial year ended 31 December 2016 or the total
equity as at 31 December 2016 between UK GAAP as previously reported and FRS102.