REGISTERED NUMBER: 07267089 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

ABUNDANT FREYA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A T Hay

SECRETARY:

A T Hay

REGISTERED OFFICE:

Unit B2 Livingstone Court

55 Peel Road

Harrow

Middlesex

HA3 7QT

REGISTERED NUMBER:

07267089 (England and Wales)

ACCOUNTANTS:

Khushkam Limited

Chartered Certified Accountants

Unit B2 Livingstone Court

55 Peel Road

Harrow

Middlesex

HA3 7QT

FIXED ASSETS

Tangible assets

2

498

664

CURRENT ASSETS

Stocks

6,913

-

Debtors

10,585

2,195

Cash at bank and in hand

3,330

457

20,828

2,652

CREDITORS

Amounts falling due within one year

32,570

12,215

NET CURRENT LIABILITIES

(11,742

)

(9,563

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,244

)

(8,899

)

RESERVES

Income and expenditure account

(11,244

)

(8,899

)

(11,244

)

(8,899

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 surplus or deficit 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 31 July 2017 and were signed by:

A T Hay - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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 etc

-

25% on reducing balance

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

Rentals paid under operating leases are charged to the income and expenditure account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

1,800

DEPRECIATION

At 1 November 2015

1,136

Charge for year

166

At 31 October 2016

1,302

NET BOOK VALUE

At 31 October 2016

498

At 31 October 2015

664

3.	ULTIMATE CONTROLLING PARTY

The controlling party is A T Hay.