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REGISTERED NUMBER: 08691728 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 30 September 2016

for

ABACUS INVESTMENTS LTD

ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)






Contents of the Financial Statements
for the Year Ended 30 September 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABACUS INVESTMENTS LTD

Company Information
for the Year Ended 30 September 2016







DIRECTORS: Mr J C Chudleigh
Mrs N Chudleigh





REGISTERED OFFICE: 8 Grasmere Park
Whitstable
Kent
CT5 3PP





REGISTERED NUMBER: 08691728 (England and Wales)





ACCOUNTANTS: Michael Martin Partnership Limited
Chartered Certified Accountants
18 Canterbury Road
Whitstable
Kent
CT5 4EY

ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)

Balance Sheet
30 September 2016

30.9.16 30.9.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 27,711 22,038

CURRENT ASSETS
Stocks 828,842 644,606
Debtors 3 10,771 -
Cash at bank 43,086 187,005
882,699 831,611
CREDITORS
Amounts falling due within one year 4 800,650 745,667
NET CURRENT ASSETS 82,049 85,944
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,760

107,982

PROVISIONS FOR LIABILITIES 5 3,042 1,908
NET ASSETS 106,718 106,074

CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and loss account 7 106,716 106,072
SHAREHOLDERS' FUNDS 106,718 106,074

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)

Balance Sheet - continued
30 September 2016


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.

The financial statements were approved by the Board of Directors on 2 June 2017 and were signed on its behalf
by:





Mr J C Chudleigh - Director


ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)

Notes to the Financial Statements
for the Year Ended 30 September 2016

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 net invoiced sales of goods, excluding value added tax.

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 - Straight line over 10 years
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

2. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2015 12,500 - 1,300
Additions - 8,466 406
At 30 September 2016 12,500 8,466 1,706
DEPRECIATION
At 1 October 2015 - - 361
Charge for year - 847 202
At 30 September 2016 - 847 563
NET BOOK VALUE
At 30 September 2016 12,500 7,619 1,143
At 30 September 2015 12,500 - 939

ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2016

2. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2015 10,899 692 25,391
Additions - - 8,872
At 30 September 2016 10,899 692 34,263
DEPRECIATION
At 1 October 2015 2,725 267 3,353
Charge for year 2,044 106 3,199
At 30 September 2016 4,769 373 6,552
NET BOOK VALUE
At 30 September 2016 6,130 319 27,711
At 30 September 2015 8,174 425 22,038

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.16 30.9.15
£    £   
Other debtors 10,771 -

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.16 30.9.15
£    £   
Trade creditors 6,948 216
Taxation 14,964 37,927
Social security and other taxes 1,265 208
Directors' current accounts 776,238 706,122
Accrued expenses 1,235 1,194
800,650 745,667

5. PROVISIONS FOR LIABILITIES
30.9.16 30.9.15
£    £   
Deferred tax 3,042 1,908

Deferred
tax
£   
Balance at 1 October 2015 1,908
Provided during year 1,134
Balance at 30 September 2016 3,042

ABACUS INVESTMENTS LTD (REGISTERED NUMBER: 08691728)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2016

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.16 30.9.15
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Profit
and loss
account
£   

At 1 October 2015 106,072
Profit for the year 64,044
Dividends (63,400 )
At 30 September 2016 106,716