Company Registration No. 02983435 (England and Wales)
Abacus Accounts Limited
Unaudited accounts
for the year ended 30 April 2021
Abacus Accounts Limited
Unaudited accounts
Contents
Abacus Accounts Limited
Company Information
for the year ended 30 April 2021
Secretary
Christopher Ellson
Company Number
02983435 (England and Wales)
Registered Office
54 CHURCH ROAD, CATWORTH
HUNTINGDON
CAMBRIDGESHIRE
PE28 0PA
Abacus Accounts Limited
Statement of financial position
as at 30 April 2021
Cash at bank and in hand
3,712
3,061
Creditors: amounts falling due within one year
(6,112)
(3,571)
Net current liabilities
(710)
(510)
Called up share capital
2
2
Profit and loss account
103
71
Shareholders' funds
105
73
For the year ending 30 April 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 June 2021 and were signed on its behalf by
Philippa Ellson
Director
Company Registration No. 02983435
Abacus Accounts Limited
Notes to the Accounts
for the year ended 30 April 2021
Abacus Accounts Limited is a private company, limited by shares, registered in England and Wales, registration number 02983435. The registered office is 54 CHURCH ROAD, CATWORTH, HUNTINGDON, CAMBRIDGESHIRE, PE28 0PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% on cost
4
Tangible fixed assets
Computer equipment
5
Debtors: amounts falling due within one year
2021
2020
Abacus Accounts Limited
Notes to the Accounts
for the year ended 30 April 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
493
670
Loans from directors
5,619
2,901
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
