Abington Estate Planning Services Ltd - Accounts to registrar (filleted) - small 18.2

Abington Estate Planning Services Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.1.5.7104967524director1.1.1931.12.1931.12.19falsetruefalsefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure049675242018-12-31049675242019-12-31049675242019-01-012019-12-31049675242017-12-31049675242018-01-012018-12-31049675242018-12-3104967524ns16:EnglandWales2019-01-012019-12-3104967524ns15:PoundSterling2019-01-012019-12-3104967524ns11:Director12019-01-012019-12-3104967524ns11:PrivateLimitedCompanyLtd2019-01-012019-12-3104967524ns11:SmallEntities2019-01-012019-12-3104967524ns11:AuditExempt-NoAccountantsReport2019-01-012019-12-3104967524ns11:SmallCompaniesRegimeForAccounts2019-01-012019-12-3104967524ns11:FullAccounts2019-01-012019-12-310496752412019-01-012019-12-3104967524ns11:RegisteredOffice2019-01-012019-12-3104967524ns6:CurrentFinancialInstruments2019-12-3104967524ns6:CurrentFinancialInstruments2018-12-3104967524ns6:ShareCapital2019-12-3104967524ns6:ShareCapital2018-12-3104967524ns6:RetainedEarningsAccumulatedLosses2019-12-3104967524ns6:RetainedEarningsAccumulatedLosses2018-12-3104967524ns6:NetGoodwill2019-01-012019-12-3104967524ns6:IntangibleAssetsOtherThanGoodwill2019-01-012019-12-3104967524ns6:NetGoodwill2018-12-3104967524ns6:NetGoodwill2019-12-3104967524ns6:NetGoodwill2018-12-3104967524ns6:PlantMachinery2018-12-3104967524ns6:PlantMachinery2019-01-012019-12-3104967524ns6:PlantMachinery2019-12-3104967524ns6:PlantMachinery2018-12-31
REGISTERED NUMBER: 04967524(England and Wales)














ABINGTON ESTATE PLANNING SERVICES LTD

Unaudited Financial Statements

for the Year Ended 31 December 2019






ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Contents of the Financial Statements
for the Year Ended 31 December 2019










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


ABINGTON ESTATE PLANNING SERVICES LTD

Company Information
for the Year Ended 31 December 2019







Director: Mr D R Nicol





Registered office: Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF





Registered number: 04967524(England and Wales)





Accountants: Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF

ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Balance Sheet
31 December 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 236 351
236 351

CURRENT ASSETS
Stocks 1,400 1,800
Cash at bank 1,949 6,662
3,349 8,462
CREDITORS
Amounts falling due within one year 6 3,156 7,584
NET CURRENT ASSETS 193 878
TOTAL ASSETS LESS CURRENT
LIABILITIES

429

1,229

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 329 1,129
SHAREHOLDERS' FUNDS 429 1,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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.

ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Balance Sheet - continued
31 December 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2020and were
signed by:





Mr D R Nicol- Director


ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Notes to the Financial Statements
for the Year Ended 31 December 2019


1. STATUTORY INFORMATION

Abington Estate Planning Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of
Income and Retained Earnings, 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.


ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019


2. ACCOUNTING POLICIES - continued
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 year 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.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the profit and
loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2(2018 - 1) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 January 2019
and 31 December 2019 20,000
Amortisation
At 1 January 2019
and 31 December 2019 20,000
Net book value
At 31 December 2019 -
At 31 December 2018 -

ABINGTON ESTATE PLANNING SERVICES LTD (REGISTERED NUMBER: 04967524)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
Cost
At 1 January 2019
and 31 December 2019 1,963
Depreciation
At 1 January 2019 1,612
Charge for year 115
At 31 December 2019 1,727
Net book value
At 31 December 2019 236
At 31 December 2018 351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Tax 3,156 6,427
Directors' loan accounts - 1,157
3,156 7,584