Company Registration No. 05976871 (England and Wales)
Abacus Payroll Bureau Limited
Unaudited accounts
for the year ended 31 March 2018
Abacus Payroll Bureau Limited
Unaudited accounts
Contents
Abacus Payroll Bureau Limited
Company Information
for the year ended 31 March 2018
Company Number
05976871 (England and Wales)
Registered Office
3a Blue Sky Way
Monkton Business Park South
Hebburn
NE31 2EQ
United Kingdom
Accountants
D C Smallbone & Co
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
Abacus Payroll Bureau Limited
Statement of financial position
as at 31 March 2018
Cash at bank and in hand
1,230
1,499
Creditors: amounts falling due within one year
(81,107)
(78,848)
Net current liabilities
(51,064)
(55,581)
Total assets less current liabilities
(50,914)
(55,412)
Provisions for liabilities
Net liabilities
(50,942)
(55,446)
Called up share capital
5,000
5,000
Profit and loss account
(55,942)
(60,446)
Shareholders' funds
(50,942)
(55,446)
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 19 December 2018.
N Richmond
Director
Company Registration No. 05976871
Abacus Payroll Bureau Limited
Notes to the Accounts
for the year ended 31 March 2018
Abacus Payroll Bureau Limited is a private company, limited by shares, registered in England and Wales, registration number 05976871. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, NE31 2EQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Trade debtors
24,778
18,204
Abacus Payroll Bureau Limited
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
74,548
69,897
Taxes and social security
3,263
2,328
Other creditors
3,255
6,482
Loans from directors
41
141
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Average number of employees
During the year the average number of employees was 0 (2017: 0).
