Registered Number 04624579

ABSOLUTE PRODUCT DESIGN LIMITED

Abbreviated Accounts

31 December 2014

ABSOLUTE PRODUCT DESIGN LIMITED Registered Number 04624579

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 423 845
423 845
Current assets
Debtors 4,080 12,880
Cash at bank and in hand 23,393 20,209
27,473 33,089
Creditors: amounts falling due within one year (27,134) (32,281)
Net current assets (liabilities) 339 808
Total assets less current liabilities 762 1,653
Total net assets (liabilities) 762 1,653
Capital and reserves
Called up share capital 3 104 104
Profit and loss account 658 1,549
Shareholders' funds 762 1,653
  • For the year ending 31 December 2014 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 September 2015

And signed on their behalf by:
John Chartres, Director

ABSOLUTE PRODUCT DESIGN LIMITED Registered Number 04624579

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment straight line over 3 years.

Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets
£
Cost
At 1 January 2014 29,438
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 29,438
Depreciation
At 1 January 2014 28,593
Charge for the year 422
On disposals -
At 31 December 2014 29,015
Net book values
At 31 December 2014 423
At 31 December 2013 845
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 A Ordinary shares of £1 each 100 100
4 B Ordinary shares of £1 each 4 4