Absolutely All Limited - Period Ending 2016-09-30

Absolutely All Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016

ProEdge Associates Limited
Long Meadow
New Road
Mepal
Ely
Cambridgeshire
CB6 2AP

Absolutely All Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Absolutely All Limited
(Registration number: 04983017)
Abbreviated Balance Sheet at 30 September 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		9,883	13,178
Current assets
Debtors		34,723	39,479
Cash at bank and in hand		16,980	3,220
		51,703	42,699
Creditors: Amounts falling due within one year		(54,017)	(52,986)
Net current liabilities		(2,314)	(10,287)
Net assets		7,569	2,891
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		7,469	2,791
Shareholders' funds		7,569	2,891

For the year ending 30 September 2016 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 27 June 2017 and signed on its behalf by:

.........................................
Mrs C H Atherton
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Absolutely All Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 October 2015	48,021	48,021
At 30 September 2016	48,021	48,021
Depreciation
At 1 October 2015	34,843	34,843
Charge for the year	3,295	3,295
At 30 September 2016	38,138	38,138
Net book value
At 30 September 2016	9,883	9,883
At 30 September 2015	13,178	13,178

Page 2

Absolutely All Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		100	100		100	100

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