Abalta It Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10121731 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2018 to 31 August 2018

for

Abalta It Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Doran

SECRETARY:

REGISTERED OFFICE:

117 Maple Road

Bishopston

Bristol

BS7 8RF

REGISTERED NUMBER:

10121731 (England and Wales)

ACCOUNTANTS:

Harpers & Co

1st Floor

Premier House

127 Duckmoor Road

Bristol

BS3 2BJ

CURRENT ASSETS

Debtors

4

1,620

9,720

Cash at bank

135,734

121,035

137,354

130,755

CREDITORS

Amounts falling due within one year

5

19,892

20,872

NET CURRENT ASSETS

117,462

109,883

TOTAL ASSETS LESS CURRENT LIABILITIES

117,462

109,883

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

117,461

109,882

SHAREHOLDERS' FUNDS

117,462

109,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2018 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 4 October 2018 and were signed by:

A J Doran - Director

1.	STATUTORY INFORMATION

Abalta It Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, 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.

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

period 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

30.4.18

£

£

Trade debtors

1,620

9,720

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

30.4.18

£

£

Taxation and social security

18,401

19,434

Other creditors

1,491

1,438

19,892

20,872

6.	RELATED PARTY DISCLOSURES

During the period, total dividends of £11,000 (2018 - £15,000) were paid to the director .