Registered Number 05267572

ABSOLUTE ENGINEERING LIMITED

Abbreviated Accounts

30 June 2013

ABSOLUTE ENGINEERING LIMITED Registered Number 05267572

Abbreviated Balance Sheet as at 30 June 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 160,117 164,254
160,117 164,254
Current assets
Stocks 347,145 280,366
Debtors 593,899 337,409
Cash at bank and in hand 309,052 114,001
1,250,096 731,776
Creditors: amounts falling due within one year (1,061,561) (259,853)
Net current assets (liabilities) 188,535 471,923
Total assets less current liabilities 348,652 636,177
Creditors: amounts falling due after more than one year (44,277) -
Total net assets (liabilities) 304,375 636,177
Capital and reserves
Called up share capital 1,000 1,000
Share premium account 133,520 133,520
Profit and loss account 169,855 501,657
Shareholders' funds 304,375 636,177
  • For the year ending 30 June 2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 March 2014

And signed on their behalf by:
Antony Whiteside, Director

ABSOLUTE ENGINEERING LIMITED Registered Number 05267572

Notes to the Abbreviated Accounts for the period ended 30 June 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 July 2012 355,392
Additions 93,881
Disposals (51,133)
Revaluations -
Transfers -
At 30 June 2013 398,140
Depreciation
At 1 July 2012 191,138
Charge for the year 46,885
On disposals -
At 30 June 2013 238,023
Net book values
At 30 June 2013 160,117
At 30 June 2012 164,254