AD_BUSINESS_ADVISERS_LIMI - Accounts

AD BUSINESS ADVISERS LIMITED - Company Information

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Company Registration No. 08202259 (England and Wales)

AD BUSINESS ADVISERS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

AD BUSINESS ADVISERS LIMITED

COMPANY INFORMATION

Director

Mr P S Ormerod

Company number

08202259

Registered office

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

Accountants

Ormerod Rutter Limited

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

Bankers

Royal Bank of Scotland

79/83 Colmore Row

Birmingham

B3 2AP

AD BUSINESS ADVISERS LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

AD BUSINESS ADVISERS LIMITED

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AD BUSINESS ADVISERS LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AD Business Advisers Limited for the year ended 30 September 2016 which comprise the Profit and Loss Account, the Balance Sheet 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, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

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

It is your duty to ensure that AD Business Advisers 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 AD Business Advisers Limited. You consider that AD Business Advisers 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 AD Business Advisers 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.

Ormerod Rutter Limited

30 June 2017

Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

AD BUSINESS ADVISERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 2 -

2016

2015

Notes

Current assets

Debtors

8,691

Cash at bank and in hand

177,106

53,740

177,106

62,431

Creditors: amounts falling due within one year

(145,131)

(36,631)

Total assets less current liabilities

31,975

25,800

Capital and reserves

Called up share capital

Profit and loss account

31,974

25,799

Shareholders' funds

31,975

25,800

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 June 2017

Mr P S Ormerod

Director

Company Registration No. 08202259

AD BUSINESS ADVISERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.