Registered Number 05085405

ABSOLUTE STYLE LIMITED

Abbreviated Accounts

30 June 2012

ABSOLUTE STYLE LIMITED Registered Number 05085405

Abbreviated Balance Sheet as at 30 June 2012

Notes 30/06/2012 31/03/2012
£ £
Fixed assets
Tangible assets 2 13,732 13,732
13,732 13,732
Current assets
Stocks 412,410 412,410
Debtors 33,932 33,932
Cash at bank and in hand 13,012 13,012
459,354 459,354
Creditors: amounts falling due within one year (413,138) (413,138)
Net current assets (liabilities) 46,216 46,216
Total assets less current liabilities 59,948 59,948
Creditors: amounts falling due after more than one year (1,405) (1,405)
Total net assets (liabilities) 58,543 58,543
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 58,443 58,443
Shareholders' funds 58,543 58,543
  • For the year ending 30 June 2012 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 31 December 2012

And signed on their behalf by:
S Wright-Browne, Director

ABSOLUTE STYLE LIMITED Registered Number 05085405

Notes to the Abbreviated Accounts for the period ended 30 June 2012

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.

Tangible assets depreciation policy
25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 April 2012 39,482
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2012 39,482
Depreciation
At 1 April 2012 25,750
Charge for the year -
On disposals -
At 30 June 2012 25,750
Net book values
At 30 June 2012 13,732
At 31 March 2012 13,732
3Called Up Share Capital
Allotted, called up and fully paid:
30/06/2012
£
31/03/2012
£
100 Ordinary shares of £1 each 100 100