Abavus Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06082412 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

ABAVUS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D S Bird

P Scott

Clovian Limited

SECRETARY:

D S Bird

REGISTERED OFFICE:

7-8 The Shrubberies

George Lane

South Woodford

London

E18 1BD

REGISTERED NUMBER:

06082412 (England and Wales)

ACCOUNTANTS:

Caton Fry & Co. Limited

Chartered Accountants

Essex House

7 The Shrubberies

George Lane

South Woodford

London

E18 1BD

FIXED ASSETS

Tangible assets

2

890

1,110

CURRENT ASSETS

Debtors

66,165

80,551

Cash at bank

31,424

17,778

97,589

98,329

CREDITORS

Amounts falling due within one year

21,960

39,170

NET CURRENT ASSETS

75,629

59,159

TOTAL ASSETS LESS CURRENT LIABILITIES

76,519

60,269

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

76,419

60,169

SHAREHOLDERS' FUNDS

76,519

60,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 14 December 2015 and were signed on its behalf by:

D S Bird - 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 total invoice value, excluding value added tax, of fees received during the year and

derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost of computer equipment

Deferred tax

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

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more, tax.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

8,279

Additions

990

At 31 March 2015

9,269

DEPRECIATION

At 1 April 2014

7,169

Charge for year

1,210

At 31 March 2015

8,379

NET BOOK VALUE

At 31 March 2015

890

At 31 March 2014

1,110

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

4

Ordinary

£25

100

100