Abbreviated Company Accounts - ABSOLUTE GRAPHICS (SOUTHAMPTON) LIMITED

04987230 ABSOLUTE GRAPHICS (SOUTHAMPTON) LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 04987230 2015-12-01 2016-11-30 04987230 2016-11-30 04987230 2015-11-30 04987230 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 04987230 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 04987230

ABSOLUTE GRAPHICS (SOUTHAMPTON) LIMITED

Abbreviated Accounts

30 November 2016

ABSOLUTE GRAPHICS (SOUTHAMPTON) LIMITED Registered Number 04987230

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,807	15,764
		17,807	15,764
Current assets
Debtors		8,069	6,370
Cash at bank and in hand		58,304	58,113
		66,373	64,483
Prepayments and accrued income		2,268	3,074
Creditors: amounts falling due within one year		(14,259)	(9,154)
Net current assets (liabilities)		54,382	58,403
Total assets less current liabilities		72,189	74,167
Provisions for liabilities		(767)	(356)
Total net assets (liabilities)		71,422	73,811
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		71,421	73,810
Shareholders' funds		71,422	73,811

For the year ending 30 November 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 18 August 2017

And signed on their behalf by:
Mr G P Bell, Director

ABSOLUTE GRAPHICS (SOUTHAMPTON) LIMITED Registered Number 04987230

Notes to the Abbreviated Accounts for the period ended 30 November 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 January 2015.

Turnover policy
Turnover represents the invoiced value of services provided by the company (net of value added tax) and accrued income determined in accordance with UITF 40.

Tangible assets depreciation policy
Tenant's office improvements No amortisation provided in the year
Office furniture & equipment 15% p.a. on a reducing balance basis
Computer & ancillary equipment 45% p.a. on a reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 December 2015	23,626
Additions	2,671
Disposals	(2,674)
Revaluations	-
Transfers	-
At 30 November 2016	23,623
Depreciation
At 1 December 2015	7,862
Charge for the year	578
On disposals	(2,624)
At 30 November 2016	5,816
Net book values
At 30 November 2016	17,807
At 30 November 2015	15,764

3Called Up Share Capital
Allotted, called up and fully paid:

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