REGISTERED NUMBER: 04089118 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

for

Absolute Network Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N E Davies

S Williams

REGISTERED OFFICE:

30 Birkenhead Road

Hoylake

Wirral

Merseyside

CH47 3BW

REGISTERED NUMBER:

04089118 (England and Wales)

ACCOUNTANTS:

Graham & Fisher Limited

T/A Grahams

Chartered Accountants

30 Birkenhead Road

Hoylake

Wirral

CH47 3BW

FIXED ASSETS

Tangible assets

2

3,636

7,429

Investment property

3

97,861

97,861

101,497

105,290

CURRENT ASSETS

Debtors

26,557

115,105

Cash at bank and in hand

129,692

62,001

156,249

177,106

CREDITORS

Amounts falling due within one year

108,640

132,959

NET CURRENT ASSETS

47,609

44,147

TOTAL ASSETS LESS CURRENT LIABILITIES

149,106

149,437

PROVISIONS FOR LIABILITIES

574

1,299

NET ASSETS

148,532

148,138

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

148,432

148,038

SHAREHOLDERS' FUNDS

148,532

148,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

The abbreviated accounts have been prepared in accordance with the special 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 February 2017 and were signed on its behalf by:

N E Davies - Director

S Williams - Director

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.

Plant and machinery

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

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

sheet date.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

105,487

DEPRECIATION

At 1 November 2015

98,058

Charge for year

3,793

At 31 October 2016

101,851

NET BOOK VALUE

At 31 October 2016

3,636

At 31 October 2015

7,429

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 November 2015

and 31 October 2016

97,861

NET BOOK VALUE

At 31 October 2016

97,861

At 31 October 2015

97,861

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

100

Ordinary Shares

1

100

100