Company Registration No. 6203799 (England and Wales)
Abilott Ltd
Unaudited accounts
for the year ended 30 September 2017
Abilott Ltd
Unaudited accounts
Contents
Abilott Ltd
Company Information
for the year ended 30 September 2017
Company Number
6203799 (England and Wales)
Registered Office
The Hub, IQ Farnborough
Fowler Avenue
Farnborough
Hampshire
GU14 7JF
United Kingdom
Accountants
Taylor Accounting Ltd
Old Bank Chambers
3-5 Alexandra Road
Farnborough
Hampshire
GU14 6BU
Abilott Ltd
Statement of financial position
as at 30 September 2017
Tangible assets
5,556
7,088
Cash at bank and in hand
27,493
360,434
Creditors: amounts falling due within one year
(617,319)
(247,820)
Net current (liabilities)/assets
(285,112)
160,566
Total assets less current liabilities
256,617
167,654
Creditors: amounts falling due after more than one year
(474,161)
-
Net (liabilities)/assets
(217,544)
167,654
Called up share capital
10
10
Profit and loss account
(217,554)
167,644
Shareholders' funds
(217,544)
167,654
For the year ending 30 September 2017 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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.
Approved by the Board on 20 June 2018.
Ian Beauchamp
Director
Company Registration No. 6203799
Abilott Ltd
Notes to the Accounts
for the year ended 30 September 2017
Abilott Ltd is a private company, limited by shares, registered in England and Wales, registration number 6203799. The registered office is The Hub, IQ Farnborough, Fowler Avenue, Farnborough, Hampshire, GU14 7JF, United Kingdom.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
4
Tangible fixed assets
Total
At 30 September 2017
13,751
At 30 September 2017
8,195
At 30 September 2017
5,556
At 30 September 2016
7,088
5
Average number of employees
During the year the average number of employees was 2 (2016: 2).
