Abbreviated Company Accounts - ABSOLUTE 2 LIMITED

05867213 ABSOLUTE 2 LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 05867213 2015-08-01 2016-07-31 05867213 2016-07-31 05867213 2015-07-31 05867213 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 05867213 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 05867213

ABSOLUTE 2 LIMITED

Abbreviated Accounts

31 July 2016

ABSOLUTE 2 LIMITED Registered Number 05867213

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	8,000
Tangible assets	3	-	128
		-	8,128
Current assets
Debtors		2,168	3,392
Cash at bank and in hand		1,376	7,227
		3,544	10,619
Creditors: amounts falling due within one year		(7,214)	(8,371)
Net current assets (liabilities)		(3,670)	2,248
Total assets less current liabilities		(3,670)	10,376
Accruals and deferred income		(600)	(588)
Total net assets (liabilities)		(4,270)	9,788
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(4,271)	9,787
Shareholders' funds		(4,270)	9,788

For the year ending 31 July 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 30 November 2016

And signed on their behalf by:
A Burton, Director

ABSOLUTE 2 LIMITED Registered Number 05867213

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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.

Turnover policy
Turnover represents gross sales. The company is not registered for value added tax.

Tangible assets depreciation policy
Depreciation is provided at 25% on a reducing balance basis in order to write off each asset over its estimated useful life.

2Intangible fixed assets

	£
Cost
At 1 August 2015	8,000
Additions	-
Disposals	(8,000)
Revaluations	-
Transfers	-
At 31 July 2016	0
Amortisation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	0
At 31 July 2015	8,000

3Tangible fixed assets

	£
Cost
At 1 August 2015	1,705
Additions	-
Disposals	(1,705)
Revaluations	-
Transfers	-
At 31 July 2016	0
Depreciation
At 1 August 2015	1,577
Charge for the year	32
On disposals	(1,609)
At 31 July 2016	0
Net book values
At 31 July 2016	0
At 31 July 2015	128

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1