Advanced Building & Environmental - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06597810 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2017

for

Advanced Building & Environmental

Technologies Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

G Case

REGISTERED OFFICE:

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

REGISTERED NUMBER:

06597810 (England and Wales)

ACCOUNTANTS:

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

Barclays Bank plc

130 Chanterlands Avenue

Hull

HU5 3TS

FIXED ASSETS

Tangible assets

4

78,743

86,973

CURRENT ASSETS

Stocks

95,472

68,435

Debtors

227,328

161,498

Cash in hand

80

15

322,880

229,948

CREDITORS

Amounts falling due within one year

347,143

272,447

NET CURRENT LIABILITIES

(24,263

)

(42,499

)

TOTAL ASSETS LESS CURRENT LIABILITIES

54,480

44,474

CREDITORS

Amounts falling due after more than one year

19,064

28,009

NET ASSETS

35,416

16,465

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

35,316

16,365

SHAREHOLDERS' FUNDS

35,416

16,465

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 17th July 2018 and were signed by:

G Case - Director

I S Garside - Director

1.	STATUTORY INFORMATION

Advanced Building & Environmental Technologies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st November 2016

125,517

Additions

7,594

At 31st October 2017

133,111

DEPRECIATION

At 1st November 2016

38,544

Charge for year

15,824

At 31st October 2017

54,368

NET BOOK VALUE

At 31st October 2017

78,743

At 31st October 2016

86,973

The net book value of tangible fixed assets includes £ 47,122 (2016 - £ 49,681 ) in respect of assets held under

hire purchase contracts.

5.	ULTIMATE CONTROLLING PARTY

The controlling party is G Case.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Advanced Building & Environmental Technologies Limited for the year ended

31st October 2017 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and

the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Advanced Building & Environmental Technologies Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Advanced Building & Environmental Technologies Limited and state those matters that we have agreed to state to the director of Advanced Building & Environmental Technologies Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advanced Building & Environmental Technologies Limited and its director for our work or for this report.

It is your duty to ensure that Advanced Building & Environmental Technologies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Advanced Building & Environmental Technologies Limited. You consider that Advanced Building & Environmental Technologies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Advanced Building & Environmental Technologies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

cbaSadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

17th July 2018