REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2015 to 30 April 2017 |
for |
Abacus Securities Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2015 to 30 April 2017 |
for |
Abacus Securities Ltd |
Abacus Securities Ltd (Registered number: 04568201) |
Contents of the Financial Statements |
for the Period 1 December 2015 to 30 April 2017 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Certified Accountants' Report | 7 |
Abacus Securities Ltd |
Company Information |
for the Period 1 December 2015 to 30 April 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Seymour Chambers |
92 London Road |
Liverpool |
Merseyside |
L3 5NW |
Abacus Securities Ltd (Registered number: 04568201) |
Abridged Balance Sheet |
30 April 2017 |
30.4.17 | 30.11.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 Securities Ltd (Registered number: 04568201) |
Abridged Balance Sheet - continued |
30 April 2017 |
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 by: |
Abacus Securities Ltd (Registered number: 04568201) |
Notes to the Financial Statements |
for the Period 1 December 2015 to 30 April 2017 |
1. | STATUTORY INFORMATION |
Abacus Securities Ltd is a |
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 |
Turnover |
The turnover shown in the profit and loss account represents goods sold and services delivered on a cash and |
credit basis during the period exclusive of value added tax. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
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 profit or loss over the relevant period. The capital |
element of the future payments is treated as a liability. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Abacus Securities Ltd (Registered number: 04568201) |
Notes to the Financial Statements - continued |
for the Period 1 December 2015 to 30 April 2017 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 December 2015 |
Additions |
At 30 April 2017 |
DEPRECIATION |
At 1 December 2015 |
Charge for period |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 November 2015 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Totals |
£ |
COST |
At 1 December 2015 | 100,176 |
Additions | 13,783 |
Transfer to ownership | (4,795 | ) |
At 30 April 2017 | 109,164 |
DEPRECIATION |
At 1 December 2015 | 49,289 |
Charge for period | 14,765 |
Transfer to ownership | (2,772 | ) |
At 30 April 2017 | 61,282 |
NET BOOK VALUE |
At 30 April 2017 | 47,882 |
At 30 November 2015 | 50,887 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.17 | 30.11.15 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
Abacus Securities Ltd (Registered number: 04568201) |
Notes to the Financial Statements - continued |
for the Period 1 December 2015 to 30 April 2017 |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 30 April 2017 and the year |
ended 30 November 2015: |
30.4.17 | 30.11.15 |
£ | £ |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) |
The loans were unsecured, interest free and repayable on demand. |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Abacus Securities Ltd |
The following reproduces the text of the report prepared for the directors and members in respect of the |
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company |
is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain |
other primary statements and the Report of the Directors are not required to be filed with the Registrar of |
Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Abacus Securities Ltd for the period ended 30 April 2017 which comprise the Abridged Income |
Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of Abacus Securities Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abacus Securities Ltd and state those matters that we have agreed to state to the Board of Directors of Abacus Securities Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Abacus Securities Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Abacus Securities Ltd. You consider that Abacus Securities Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Abacus Securities Ltd. 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 statutory financial statements. |
Chartered Certified Accountants |
Seymour Chambers |
92 London Road |
Liverpool |
Merseyside |
L3 5NW |
Date: ............................................. |