Abraxus Consultancy Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03254388 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 August 2019

for

ABRAXUS CONSULTANCY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M N Barnes

SECRETARY:

Z Barnes

REGISTERED OFFICE:

Chesnut Cottage

37 Linersh Wood Close

Bramley

Guildford

GU5 OEQ

REGISTERED NUMBER:

03254388 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Tangible assets

4

3,661

259

CURRENT ASSETS

Debtors

5

16,565

22,500

Cash at bank

14,744

17,661

31,309

40,161

CREDITORS

Amounts falling due within one year

6

21,889

32,890

NET CURRENT ASSETS

9,420

7,271

TOTAL ASSETS LESS CURRENT LIABILITIES

13,081

7,530

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

13,079

7,528

SHAREHOLDERS' FUNDS

13,081

7,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 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 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2020 and were signed by:

M N Barnes - Director

1.	STATUTORY INFORMATION

Abraxus Consultancy Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2018

285

10,346

10,631

Additions

-

4,880

4,880

At 31 August 2019

285

15,226

15,511

DEPRECIATION

At 1 September 2018

267

10,105

10,372

Charge for year

18

1,460

1,478

At 31 August 2019

285

11,565

11,850

NET BOOK VALUE

At 31 August 2019

-

3,661

3,661

At 31 August 2018

18

241

259

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Trade debtors

-

14,000

Director's current account

8,490

-

Prepayments and accrued income

8,075

8,500

16,565

22,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

£

Corporation tax

14,108

19,360

VAT

3,898

8,152

Director's current account

-

2,866

Accruals and deferred income

3,883

2,512

21,889

32,890

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.19

31.8.18

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

earnings

£

At 1 September 2018

7,528

Profit for the year

63,551

Dividends

(58,000

)

At 31 August 2019

13,079

9.	ULTIMATE CONTROLLING PARTY

The controlling party is M N Barnes.