REGISTERED NUMBER: 03740435 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ABSOLUTE INK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G J Elliott

R M Elliott

SECRETARY:

G J Elliott

REGISTERED OFFICE:

Unit 7

Dorma Trading Park

Staffa Road

Leyton

London

E10 7QX

REGISTERED NUMBER:

03740435 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Tangible assets

2

100

1,457

CURRENT ASSETS

Debtors

76,309

63,115

Cash at bank and in hand

35,211

48,750

111,520

111,865

NET CURRENT ASSETS

111,520

111,865

TOTAL ASSETS LESS CURRENT LIABILITIES

111,620

113,322

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

111,520

113,222

SHAREHOLDERS' FUNDS

111,620

113,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 20 June 2017 and were signed on its behalf by:

G J Elliott - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The Company stopped trading on 30 September 2013, and all assets and liabilities have been stated at their

realisable value.

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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold property

-

Straight line over the term of the lease

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Deferred tax

Provision is made at current rates for deferred taxation in respect of all material timing differences.

Deferred tax assets are recognised to the extent that they are recoverable against future trading profits, on

the basis of all available evidence.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

114,909

DEPRECIATION

At 1 October 2015

113,452

Charge for year

1,357

At 30 September 2016

114,809

NET BOOK VALUE

At 30 September 2016

100

At 30 September 2015

1,457

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by G J Elliott in this and the preceding year.