ABAMR2 LTD - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10101605 (England and Wales)

Financial Statements for the Period 4 April 2016 to 31 March 2017

for

ABAMR2 LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Bainbridge

Ms A Bainbridge

Mr P Norris

REGISTERED OFFICE:

2 Adelaide Street

St Albans

Hertfordshire

AL3 5BH

REGISTERED NUMBER:

10101605 (England and Wales)

ACCOUNTANTS:

Visionary Accountants

2 Adelaide Street

St Albans

Hertfordshire

AL3 5BH

FIXED ASSETS

Investments

3

4,500,000

CURRENT ASSETS

Debtors

4

143,485

CREDITORS

Amounts falling due within one year

5

462,374

NET CURRENT LIABILITIES

(318,889

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,181,111

CAPITAL AND RESERVES

Called up share capital

3,900,000

Retained earnings

281,111

SHAREHOLDERS' FUNDS

4,181,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 21 December 2017 and were signed on its behalf by:

Ms A Bainbridge - Director

1.	STATUTORY INFORMATION

ABAMR2 LTD 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

4,500,000

At 31 March 2017

4,500,000

NET BOOK VALUE

At 31 March 2017

4,500,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

143,485

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

462,374

6.	RELATED PARTY DISCLOSURES

During the period, total dividends of £93,000 were paid to the directors .

During the year the company had a loan account available for Ms A Bainbridge. At the year end date £369,052 was owed to

Ms A Bainbridge. This loan is unsecured, free of interest and repayable on demand.

During the year the company had a loan account available for Mr D Bainbridge. At the year end date £34,650 was owed to

Mr D Bainbridge. This loan is unsecured, free of interest and repayable on demand.

During the year the company had a loan account available for Mr P Norris. At the year end date £34,650 was owed to Mr P

Norris. This loan is unsecured, free of interest and repayable on demand.

At the year end the company was owed £143,485 by its subsidiary ABA Market Research Limited. This loan is unsecured,

free of interest and repayable on demand.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms A Bainbridge.