REGISTERED NUMBER: 02261303 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

A.B.A Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A V Barlow

Mrs G E Barlow

Mr R Woodgate

Mrs C L Woodgate

SECRETARY:

Mrs G E Barlow

REGISTERED OFFICE:

Suite 1

2-3 Fish Hill

Royston

Hertfordshire

SG8 9LD

REGISTERED NUMBER:

02261303 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

2

2,973

308,992

CURRENT ASSETS

Stocks

100

500

Debtors

40,699

54,833

Cash at bank and in hand

85,650

13,598

126,449

68,931

CREDITORS

Amounts falling due within one year

52,116

72,217

NET CURRENT ASSETS/(LIABILITIES)

74,333

(3,286

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,306

305,706

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Revaluation reserve

-

144,859

Profit and loss account

76,306

159,847

SHAREHOLDERS' FUNDS

77,306

305,706

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 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 Board of Directors on 18 November 2016 and were signed on its behalf by:

Mr A V Barlow - 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 services, excluding value added tax.

Turnover is recognised upon the delivery of an event. Any income received in advanced is deferred and reported

in the period of which the event is delivered.

Tangible fixed assets

Depreciation is provided on all other tangible fixed assets to write off the cost over the anticipated economic life

as follows-

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 25% on reducing balance

No depreciation is provided in the year of purchase but a full year is charged in the year of disposal.

No charge has been made for depreciation of freehold buildings. This is due to the residual value of the

buildings being considered to be not less than current net book value.

As a result of no depreciation being charged, the freehold buildings are subject to an impairment review in

accordance with FRS 15.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company makes contributions to directors personal pension schemes. Contributions payable for the year are

charged in the profit & loss account.

Investment property

No depreciation has been provided on investment properties which accords with treatment of Standard of

Accounting Practice 19. Investment property is revalued to market value on a periodic basis and any aggregate

surplus or deficit arising from changes in market value is transferred to a revaluation reserve. This is a departure

from the Companies Act 2006 which requires all properties to be depreciated. In the directors opinion as the

properties are held for their investment potential, to depreciate them would not give a true and fair view. The

financial effect of the departure from the statutory accounting rules cannot be separately identified or quantified

as depreciation is only one of many factors reflected in a valuation.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

313,580

Disposals

(305,028

)

At 31 May 2016

8,552

DEPRECIATION

At 1 June 2015

4,588

Charge for year

1,120

Eliminated on disposal

(129

)

At 31 May 2016

5,579

NET BOOK VALUE

At 31 May 2016

2,973

At 31 May 2015

308,992

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

1,000

Ordinary

1.00

1,000

1,000