ABA Consulting Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05051928

ABA CONSULTING LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

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

1,181

2,304

CURRENT ASSETS

Debtors

155,702

179,233

Cash at bank and in hand

109,895

110,331

265,597

289,564

CREDITORS

Amounts falling due within one year

133,223

158,632

NET CURRENT ASSETS

132,374

130,932

TOTAL ASSETS LESS CURRENT
LIABILITIES

133,555

133,236

PROVISIONS FOR LIABILITIES

236

461

NET ASSETS

133,319

132,775

CAPITAL AND RESERVES

Called up share capital

3

6

4

Profit and loss account

133,313

132,771

SHAREHOLDERS' FUNDS

133,319

132,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 8 March 2017 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 January 2015).

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 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 2015

and 30 June 2016

12,858

DEPRECIATION

At 1 July 2015

10,554

Charge for year

1,123

At 30 June 2016

11,677

NET BOOK VALUE

At 30 June 2016

1,181

At 30 June 2015

2,304

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

Value:

£

2

Ordinary

£1

2

Ordinary A

£1

2

1

Ordinary B

£1

1

Ordinary C

£1

1

6

1 Ordinary B share and 1 Ordinary C share were allotted and fully paid for cash at par during the year.