ABA Consulting Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05051928

ABA CONSULTING LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr. N J Akroyd

Mr. A J Akroyd

SECRETARY:

Mr. A J Akroyd

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

REGISTERED NUMBER:

05051928

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Tangible assets

2

2,832

4,625

CURRENT ASSETS

Debtors

123,260

123,718

Cash at bank and in hand

115,133

75,826

238,393

199,544

CREDITORS

Amounts falling due within one year

143,697

120,531

NET CURRENT ASSETS

94,696

79,013

TOTAL ASSETS LESS CURRENT LIABILITIES

97,528

83,638

PROVISIONS FOR LIABILITIES

566

10,000

NET ASSETS

96,962

73,638

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

96,958

73,634

SHAREHOLDERS' FUNDS

96,962

73,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 January 2015 and were signed on its behalf by:

Mr. A J Akroyd - Director

Mr. N J Akroyd - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value excluding Value Added Tax of goods and services provided to customers during

the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as

the right to receive consideration has been acquired.

Tangible fixed assets

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

Improvements to property

-

Straight line over 6 years

Fixtures and fittings

-

25% straight line

Computer equipment

-

25% straight line

Deferred tax

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

balance sheet date.

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 the profit and loss account in the period to which they relate.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets

of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar

debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented

as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the

profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the

outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability

then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are

debited direct to equity.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

21,794

Additions

3,540

Disposals

(13,073

)

At 30 June 2014

12,261

DEPRECIATION

At 1 July 2013

17,169

Charge for year

975

Eliminated on disposal

(8,715

)

At 30 June 2014

9,429

NET BOOK VALUE

At 30 June 2014

2,832

At 30 June 2013

4,625

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2

2

Ordinary A

£1

2

2

4

4