A B Bishop Limited

Contents
	Page
Accountant's Report	1
Balance Sheet	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—7

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England and Wales and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the balance sheet as at year ended 31 March 2017 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements

Eden Chartered Accountants

09/09/2017

Eden Chartered Accountants

2 Beaconsfield Road

Knowle

Bristol

BS4 2JF

Page 1

A B Bishop Limited

Balance Sheet

As at 31 March 2017

Balance Sheet

Registered number: 4700719

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	6		5,399		7,198

			5,399		7,198
CURRENT ASSETS
Debtors	7	21,423		10,418
Cash at bank and in hand		-		6,788

		21,423		17,206
Creditors: Amounts Falling Due Within One Year	8	(25,212 )		(18,147 )

NET CURRENT ASSETS (LIABILITIES)			(3,789 )		(941 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,610		6,257

NET ASSETS			1,610		6,257

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and loss account			1,609		6,256

SHAREHOLDERS' FUNDS			1,610		6,257

Page 2

A B Bishop Limited

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Anthony Bishop

09/09/2017

The notes on pages 5 to 7 form part of these financial statements.

Page 3

A B Bishop Limited

Statement of Changes in Equity

For The Year Ended 31 March 2017

Statement of Changes in Equity

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	1	121	122
Profit for the year and total comprehensive income	-	38,740	38,740

Dividends paid	-	(32,605)	(32,605)

As at 31 March 2016 and 1 April 2016	1	6,256	6,257


Profit for the year and total comprehensive income	-	23,763	23,763

Dividends paid	-	(28,410)	(28,410)

As at 31 March 2017	1	1,609	1,610

Page 4

A B Bishop Limited

Notes to the Unaudited Accounts

For The Year Ended 31 March 2017

Notes to the Unaudited Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net 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 the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on the reducing balance
Fixtures & Fittings	25% on the reducing balance

1.4. Deferred Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is 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 taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2017	2016
	£	£
Wages and salaries	27,500	27,500

	27,500	27,500

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	3	-

	3	-

Page 5

A B Bishop Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

6. Tangible Assets


	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2016	32,646	5,105	37,751

As at 31 March 2017	32,646	5,105	37,751

Depreciation
As at 1 April 2016	26,149	4,404	30,553
Provided during the period	1,624	175	1,799

As at 31 March 2017	27,773	4,579	32,352

Net Book Value
As at 31 March 2017	4,873	526	5,399

As at 1 April 2016	6,497	701	7,198

7. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	8,184	10,418
Director's loan account	13,239	-

	21,423	10,418

8. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	1,750	1,984
Bank loans and overdrafts	12,465	-
Corporation tax	6,394	8,850
Other taxes and social security	184	-
VAT	1,381	5,197
Other creditors	1,378	-
Accruals and deferred income	1,660	1,660
Director's loan account	-	456

	25,212	18,147

Page 6

A B Bishop Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

9. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

10. Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 April 2016	Amounts advanced	Amounts repaid	As at 31 March 2017
	£	£	£	£
Mr Anthony Bishop	-	12,061	-	12,061

The above loan is unsecured, interest free and repayable on demand.

Dividends paid to directors

11. Dividends

	2017	2016
	£	£
On equity shares:
Interim dividend paid	28,410	32,605

	28,410	32,605

12. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

13. General Information

A B Bishop Limited Registered number 4700719 is a limited by shares company incorporated in England & Wales. The Registered Office is The Lodge, Oxleaze Lane, Dundry, Bristol, BS41 8JZ.

Page 7